ESA CEO Kelly Speakes-Backman’s Statement on Financing Our Energy Future Act

The U.S. Energy Storage Association (ESA) supports the efforts of Senators Coons and Moran and Representatives Thompson and Estes to introduce the bipartisan Financing Our Energy Future Act. Including energy storage as an eligible asset for master limited partnerships would allow energy infrastructure providers to build and acquire energy storage technologies at lower cost, accelerating the transition to a more resilient, efficient, sustainable and affordable energy infrastructure. Coupled with the Energy Storage Tax Incentive and Deployment Act (S. 1142 / H.R. 2096), which ESA also endorses, the Financing our Energy Future Act will help establish a long-term tax framework to accelerate storage deployment.

These members of Congress join a diverse set of leading legislators in the House and Senate who all agree that advancing energy storage is a priority:

  • Energy Storage Tax Incentive and Deployment Act (S. 1142 / H.R. 2096) – Sen. Heinrich & Sen. Gardner / Rep. Doyle, Rep. Buchanan, & Rep. Blumenauer
  • Promoting Grid Storage Act (S. 1593 / H.R. 2909) – Sen. Smith & Sen. Collins / Rep. Casten & Rep. Bacon
  • Better Energy Storage Technology Act (S. 1602 / H.R. 2986) – Sen. Collins & Sen. Heinrich / Rep. Foster & Rep. Herrera Beutler
  • Expanding Access to Sustainable Energy Act (S. 1183) – Sen. Klobuchar & Sen. Moran
  • Clean Energy for America Act (S. 1288) – Sen. Wyden
  • Storage Technology for Operational Readiness and Generating Energy Act (H.R. 1744) – Rep. Takano & Rep. Collins
  • Battery Storage Innovation Act (H.R. 1742) – Rep. Takano & Rep. Collins
  • Advancing Grid Storage Act (H.R. 1743) – Rep. Takano & Rep. Collins