EEI - Edison Electric Institute Inc.
01/07/2025 | Press release | Distributed by Public on 01/07/2025 16:41
EEI Statement on the Treasury Department’s Final Rules for the Technology-Neutral Tax Credits
EEI Statement on the Treasury Department's Final Rules for the Technology-Neutral Tax Credits
EEI Statement on the Treasury Department's Final Rules for the Technology-Neutral Tax Credits
WASHINGTON (January 07, 2025) - Edison Electric Institute interim President and CEO Pat Vincent-Collawn today issued the following statement.
"EEI and America's electric companies appreciate the stakeholder engagement that the Treasury Department undertook while working to finalize the rules for the technology-neutral tax credits. Each region of the country has access to a different generation mix, so this technology-neutral approach drives innovation and allows each electric company to pursue the most reliable and cost-effective path forward for their customers.
"At a time when demand for electricity is growing faster than it has in decades, these technology-neutral tax credits are essential to efforts to meet rapidly rising demand while helping to keep customer bills as low as possible."
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About EEI
About EEI
EEI is the association that represents all U.S. investor-owned electric companies. Our members provide electricity for nearly 250 million Americans, and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 70 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members.