Bipartisan senators ask Treasury Secretary to expand storage tax …
Dive Brief: Sens. Tim Scott, R-S.C., and Michael Bennet, D-Colo., wrote to Treasury Secretary Steven Mnuchin on Thursday asking for the expansion of energy storage eligibility under the renewable investment tax credit (ITC). They’re seeking a determination from the Department of the Treasury on whether storage systems for residential or commercial use would fully qualify for the tax credits if retrofitted …