What Happens When the ITC Expires? : Greentech Media
This is a very important article about the effect that the Investment Tax Credit reduction will have on solar installations. Basically, the solar industry will survive the expected reduction in ITC, especially on the commercial side. Currently, solar stock prices are in a big slump probably because of exaggerated worries over the income tax credit as well as very low oil prices.
Eventually, the price slump will end for solar stocks because people will see that solar companies are still making money and that solar power is here to stay. I will be looking at stock price charts to determine when the stocks have bottomed out and when the rally has resumed again. My favorite stocks are SCTY, SUNE, SEDJ, and TAN.
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