Elisa Wood, Microgrid Knowledge
A United States Conference of Mayors (USCM) energy committee has called for microgrid tax incentives to be included in a national infrastructure plan for Congress.
Called “The New Bedford Principles,” the proposal was released at the mayors’ summit on smart cities and new energy technologies September 14-15 in New Bedford, Mass.
The group presented six principles, two of which focus on microgrids.
Principal 2 seeks authorization of microgrid tax incentives and other forms of funding to boost not only microgrids, but also distributed generation and storage systems.
Principle 4 calls for direct funding to municipal utilities — or tax incentives to investor-owned utilities — to modernize local grids, including microgrids, to increase climate resilience.
Continue Reading#Microgrids #News #PolicyandRegulation #MRC #NorthAmerica #BusinessModelsandFinancing #UnitedStates#MRCNews