Sens. Bingaman, Wyden and Shaheen introduced SB.3617 – the STORAGE Act last month: To amend the Internal Revenue Code of 1986 to provide for an energy investment credit for energy storage property connected to the grid.
The bill would have a positive effect on batteries for the developing smart grid. Storing energy for later use will be a key feature of a robust 21st century energy grid. This act would be a good step in that direction. I won’t hold my breath waiting for the broken Senate to pass it, however.