Statewide, Iowa (RI) – Iowa’s renewable energy programs face critical challenges as the Trump administration has significantly shortened the timeline for wind and solar energy tax credits. Also, the U.S. Treasury may soon issue a new rule that could make it harder to qualify for the tax credits, even before they expire.
Iowa Senator Chuck Grassley, a Republican, is vowing to delay three presidential nominees to the Treasury unless the agency follows what he says is the intent of Congress.
Around 60% of Iowa’s net generation of electricity comes from wind energy — the highest share of any state. Jason Grumet, CEO for the American Clean Power Association, says Iowa is a success story for renewable energy, especially wind.
The U.S. Departments of the Interior and Transportation have also released new policies for wind and solar projects and have indicated more are coming.
KIWA Staff Photo
