By Kari Williamson
“This legislation builds on the great American tradition of innovation and manufacturing, but, most importantly, it will help our country create new high-paying jobs,” Sánchez says.
“On top of that, this bill helps promote investment in the clean energy economy and reduces air pollution and greenhouse gas emissions. Microturbines produce efficient thermal energy and clean electrical power, and it’s about time that microturbine technology joins solar power and wind power in the national conversation for clean energy solutions.”
The American Microturbine Manufacturing and Clean Energy Deployment Act would amend the current tax code to establish a 30% investment tax credit for microturbines, putting it on par with other renewable technologies.
H.R. 3394 could enable American microturbine producers to triple their domestic manufacturing, and industry experts estimate that this tax credit could create over 2000 new jobs almost immediately.