June 25, 2020

Statement from ESA CEO Kelly Speakes-Backman on the GREEN Act

“The U.S. Energy Storage Association commends the House Ways & Means Committee for prioritizing stand-alone energy storage for ITC eligibility in the GREEN Act,” said Kelly Speakes-Backman, CEO of ESA. “We applaud Subcommittee Chairman Thompson for seeking a level playing field for storage, as well as for ensuring that businesses can monetize any ITC directly and immediately. The GREEN Act echoes the Moving Forward Act (H.R. 2), the Energy Storage Tax Incentive and Deployment Act (H.R. 2096), and several other bills that seek to make storage eligible for the ITC. We encourage Congress to pass a storage ITC with a direct payment option to support economic recovery that makes the American economy more resilient.”

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