Investment Tax Credits

The Investment Tax Credits stuck in Washington are starting to send shock waves through the industry.  Solar Companies, especially those that specialize in commercial jobs, are working to get all of their installations completed by the end of the year to take advantage of the ITC.  This is causing a near term shortage of panels, even as most of the manufacturers in the world are working to ramp up production. 

January will be a very interesting month.  If the tax credits don’t go through, an old Wall Street saying will be appropriate.  "There will be blood in the streets."

Many companies with a lot of overhead and bloated organizations will survive awhile but will eventually collapse upon themselves.  Now is the time to be lean and mean in the solar industry.  

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