Congresswoman Linda Sánchez (CA-39) today unveiled a creative plan to create jobs and promote American energy efficiency and independence by announcing the "American Microturbine Manufacturing and Clean Energy Deployment Act" (H.R. 3394). The recently introduced legislation would give producers of microturbine technology the same tax credits other renewable and fuel cell technologies receive. Microturbines are clean energy systems that provide a low-emission, uninterrupted power supply and help control energy costs.
"This legislation builds on the great American tradition of innovation and manufacturing, but, most importantly, it will help our country create new high-paying jobs," said Congresswoman Sánchez. "On top of that, this bill helps promote investment in the clean energy economy and reduces air pollution and greenhouse gas emissions. Microturbines produce efficient thermal energy and clean electrical power, and it's about time that microturbine technology joins solar power and wind power in the national conversation for clean energy solutions."
The "American Microturbine Manufacturing and Clean Energy Deployment Act" would amend the current tax code to establish a 30% investment tax credit for microturbines, putting it on par with other renewable technologies. By advancing smart tax policy and smart regulations to help businesses expand and grow, H.R. 3394 would enable American microturbine producers to triple their domestic manufacturing. Industry experts estimate that this tax credit could create over 2,000 new jobs almost immediately. Additionally, enough new microturbines could be put into use during the first year of the tax credit to reduce greenhouse gas emissions by an estimated 170,000 tons of Carbon Dioxide.
Congresswoman Sánchez unveiled her clean energy jobs plan during a tour of Capstone Turbine Corporation's facilities in Chatsworth, CA. Capstone manufactures low-emission microturbine systems, which are used by companies, hospitals, landfills, manufacturers, oil-and-gas sites and more across California and worldwide.
"Capstone Turbine Corporation is the world's leading manufacturer of clean microturbine energy systems. We are honored to host Congresswoman Sanchez at our factory today, and we applaud her support for American manufacturing, clean energy, and energy efficiency," said Darren Jamison, President and CEO of Capstone Turbine Corporation. "H.R. 3394 will grow the domestic market for microturbines, which today are manufactured almost exclusively in the United States, but are sold predominantly overseas. If this bill passes, more American businesses will be able to generate their own electricity and thermal energy onsite, saving those businesses money but also strengthening energy security and reducing pollution."
Microturbines are an American-invented technology. 90% of the world's microturbines are manufactured right in the United States. Additionally, microturbines can reach 90% energy efficiency.