Senate clears new grants for appliance makers

Tax credits for various renewable energy and efficiency initiatives have become less attractive in recent years because companies, in the sour economy, often lack the profits to claim the credits against.

The 2009 stimulus bill already allows renewable energy project developers to access grants in lieu of tax credits. But that program has been under fire as Democrats seek to show the year-old stimulus plan is working.

Sen. Chuck SchumerCharles SchumerWith no emerging leaders, no clear message, Democrats flounder Gorsuch hearings: A referendum on Originalism and corporate power We must act now and pass the American Health Care Act MORE (D-N.Y.)  and three colleagues last week floated a bill that would require renewable energy projects that receive grants to use domestically-manufactured components.