Bet-a-Million

If You Like Solar, LDK Is a Good Bet

Unfortunately, high profit margins in the solar industry is singularly causing U.S. lawmakers to consider the elimination of solar tax incentives for both business and residential.

Anti-solar lobbyists (oil, coal, wind, etc) in Washington argue that the current solar tax incentives are going directly into the pockets of Chinese solar companies! This is a bad argument and hopefully congress will see the light.

If you are like me, and believe solar is the way of the future, then I suggest you email or write your congress(wo)men (as I have) in support of extending tax incentives for individuals and businesses installing solar. Margins will naturally shrink as new competitors enter the market.

Bottom line, if congress eliminates the tax credits, then new companies will be less willing to enter the market and prices will remain high.

Solar is a critical part of our future energy needs, and Congress needs to extend the tax incentives for at least 8 years.