VRB-ESS Government Incentives

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This is a big month for us and many other energy storage companies. The American Recovery and Reinvestment Act – ARRA – a.k.a the Obama Stimulus Legislation – contains many incentives for energy storage and the smart grid. We’re currently submitting several projects under the Smart Grid Demonstration Grant, which targets energy storage demonstrations. The […]

Storage Technology of Renewable and Green Energy Act of 2009

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U.S. Senator Ron Wyden (D-Ore.) has proposed legislation to provide tax incentives for energy storage. This is a first – providing energy storage with incentives similar to renewable energy, demand response and energy efficiency. Press Release:“In an effort to increase infrastructure supporting renewable fuels, the STORAGE Act provides investment tax credits for energy storage facilities […]