CEO Statement on Bipartisan Energy Storage Tax Incentive and Deployment Act of 2019

“Passage of today’s bill introduced by Senators Heinrich and Gardner would be immediately impactful to the storage industry,” said Energy Storage Association CEO Kelly Speakes-Backman. “Including standalone energy storage in the current investment tax credit construct will optimize deployment for all clean energy technologies and trigger long-term investment signals for the storage industry. Energy storage already supports tens of thousands of jobs in this country, with battery energy storage employment growing at a faster rate than any other energy sector job field. Equitable access to the ITC will help boost energy storage investment and create even more economic opportunity.”