Our opinion: Aligning goals for state power
In 2022, Pennsylvania created PA Edge tax credits in an effort to boost the creation of new power supply in the state. The tax credits have never been used. Now, a bipartisan group of House members that include Republican Tom Mehaffe and Democrats John Inglis and Rob Matzie are trying to tweak the tax credit program to make it more useful to power providers, including a Reliable Energy Investment Tax Credit that would be applicable to any new energy facilities or expanded facilities with a minimum of 100 megawatts of new power. The tax credits would scale to the size of the project ...