700+ Solar Companies Ask For Stronger Solar Legislation From Congress
Solar power keeps getting cheaper and keeps growing year after year, now accounting for nearly half of new power capacity in the United States. But coal and fossil methane (also deceivingly called “natural gas”) power plants need to be retired more quickly than they have been. We need to cut emissions more quickly than we have been cutting them or else we’re going to face climate catastrophes beyond what we can imagine and human society as a whole will be hurt and tested like never before.
With that in mind, 700+ solar companies would like to see stronger action from Congress in support of solar power (and, naturally, solar companies would rather make more money, not less). They sent a joint letter to Congress asking for 6 specific things to provide a boost to the solar industry. The first thing on the list: extend the federal solar tax credit (Investment Tax Credit), which provides a 30% reduction in the cost of a solar project.
Second on the list is “Address financing challenges and shortfalls by adding direct pay provisions to the ITC and help the industry reach ambitious deployment targets.”
They also now want standalone energy storage projects — not just energy storage projects connected to solar power systems — to be eligible for the aforementioned 30% ITC.
Furthermore, they are asking for the federal government itself to invest in solar power projects, as well as transmission, interconnection, and grid resiliency projects.
Last — but not least — on the list: “Support training programs and equitable policies that continue to build a strong, diverse solar workforce.”
The Solar Energy Industries Association (SEIA) highlights, “The solar industry is now a $25 billion industry that employs over 231,000 Americans in quality, high-paying jobs across all 50 states. To meet President Biden’s 2035 clean energy goal, the size of the solar workforce must quadruple to more than 900,000 Americans.”
“The science is clear: we must rapidly decarbonize the electric grid to mitigate the worst impacts of climate change, and the solar Investment Tax Credit is the most effective policy we have to drive solar deployment in the United States,” said SEIA president and CEO Abigail Ross Hopper. “The ITC is also a proven job creator, and after years of policy whiplash, it’s time that we give clean energy businesses the policy certainty they need to clean up our grid and create the millions of jobs necessary to build an equitable clean energy economy.”
Will the voice of 700+ companies, a $25 billion industry, be enough to push for these solar policy commitments from Congress? Will the industry at least see an extension of the 30% solar tax credit? It’s hard to say. The last extension was supposed to be … the last extension. But that’s not the first time it was supposed to be the last one. At the end of the day, the solar tax credit, and everything else on that list, serves a lot of bipartisan policy goals. That said, Congress is not always logical. It seldom is, in fact — even on issues that are very popular across the US.
If you’d like to ensure a solid tax credit for a rooftop solar project or even ground-mount solar project, you may want to play it safe and make the commitment soon. If you decide to do so, and you decide Tesla is the company you want to go with due to its low pricing and perhaps other factors, feel free to use my Tesla referral code — ts.la/zachary63404 — for $100 of (and a bit of a bonus for me).
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Environment
Hyundai’s new Kona Electric is even cheaper to lease than the gas-powered model at $169/mo
The newly designed Hyundai Kona Electric is better in every way, with more range, faster charging, and a bold new style. Hyundai’s new 2024 Kona Electric is even cheaper to lease than the gas-powered model, starting at $169 per month.
Hyundai Kona Electric cheaper to lease than gas model
Hyundai revealed the 2024 Kona Electric at the NY Auto Show last April with a sleek new “EV-derived” design.
You can instantly see the upgrades with a modern style closer to its IONIQ 5 and 6 dedicated EVs. The inside is nearly 6″ longer, with an additional 3″ legroom in the second row. A flat floor design creates more head and shoulder space than the previous model.
Hyundai included its next-gen dual 12.3″ infotainment system with a faster, more intelligent user face. It also comes with Android Auto and Apple CarPlay as standard.
The 2024 Kona EV features a slightly bigger battery with faster charging and up to 261 miles range. Starting under $33,000, the 2024 Kona Electric is already one of the most affordable EVs in the US.
2024 Kona EV prices
It’s available in three trims: SE, SEL, and Limited. The base SE model includes a 48.6 kWh battery for up to 200 miles range. The SEL and Limited feature a 64.8 kWh battery, good for up to 261 miles range.
2024 Hyundai Kona electric trim |
Starting Price (not including a $1,335 delivery fee) |
| SE | $32,675 |
| SEL | $36,675 |
| Limited | $41,045 |
With an up to $7,500 featured cash offer, you can lease the 2024 Hyundai Kona Electric SE for as low as $169 per month.
The deal is for 24 months, with $1,999 due at signing. It also includes the $7,500 EV Lease Bonus for a net capitalized cost of $25,370.
If you’re looking for the higher-range SEL trim, it can be leased for as little as $199 per month. That’s also for 24 months, with $1,579 due at signing. With the EV credit, the net capitalized cost is $29,419.
However, you may have to act fast. Hyundai’s website shows the deal ends in five days on April 30, 2024.
Are you ready to drive off in your new Hyundai Kona Electric at some of the lowest prices yet? We can help you get started. You can use our link to find deals on the 2024 Hyundai Kona Electric near you today.
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On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss all the news coming out of Tesla’s earnings, Model 3 Performance, Mercedes-Benz electric G-Class, and more.
Sponsored by SplitVolt: The Splitvolt Splitter Switch automatically shares power from your existing 240V dryer socket with your Level 2 EV charger. Learn more here.
The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.
Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):
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Rivian has promised free NACS adapters will be sent out to its owners, and it’s starting that process now.
Rivian officially got access to Tesla’s Supercharger network last month, but in order to use it, non-Tesla cars need an adapter. Most other EVs come with a CCS plug, but Tesla’s plug is now called NACS, after it opened its charge standard in 2022.
Third party adapters have been available, but several of the automakers that have announced they’re switching to NACS have committed to sending out adapters to owners as soon as they’re available. We saw the Rivian adapter design leaked in February.
So far, Ford and Rivian have Supercharger access, with GM, Polestar and Volvo coming this spring, and others coming later. Tesla previously announced that GM would get access in February, so we imagine that is coming imminently (we heard reports on social media today that GM adapters are now available, but GM communications told us that those reports are not accurate, and that they will be available “later this year”).
In February, Ford did start sending out adapters, becoming the first automaker to do so. This is fitting, given that Ford was the first domino that led to basically the entire industry adopting NACS.
However, delivery of Ford adapters has been a little slow, with delivery estimates being pushed back by Ford.
Now, Rivian is becoming the second automaker to send out adapters.
Rivian owners have started to receive emails from the automaker asking for their shipping address, according to a thread on rivianforums.com. The original poster has a low VIN number, as do some other forum users who got the email, so we imagine they might be high on the list, with other owners with higher VINs getting their emails soon.
The email states:
Hi there,
Good news! Your complimentary NACS DC adapter is ready to be shipped. Please follow the link below to let us know your preferred delivery address within 60 days of receiving this email.
Please Note: Unfortunately, we cannot support shipping to PO Boxes or any addresses that are outside the United States or Canada at this time.
So – if you’re a Rivian owner, keep your eyes on your email, because it sounds like adapter shipping is imminent (and make sure you’ve responded to the April 4 email to opt-in to receiving the adapter).
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