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In a big bill that hurts clean energy, residential solar likely to get hit fast
UNITED STATES, JUL 2 – The bill ends the 30% residential solar tax credit by 2025, risking billions in investments and thousands of clean energy jobs, with 3.4 million households claiming credits in 2023.
- The residential solar industry is predicted to face significant challenges, said Bob Keefe, executive director of E2, who stated it will be "absolutely creamed by this."
- Will Etheridge, CEO of Southern Energy Management, noted that the changes would almost certainly include the loss of jobs on their team.
- Adam Michel from the Cato Institute argued that if a business relies on a money-spigot from Washington to make it viable, it probably shouldn’t have been in business in the first place.
- One business owner expressed financial risk, stating that he made a decision from being an employee to taking out a loan from his grandmother to buy into his business and put his house on the line.
85 Articles
85 Articles
Solar businesses fear cuts in federal subsidies
WASHINGTON — As Republicans in Congress rushed forward with a massive tax and spending bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt.
How the G.O.P. Bill Will Reshape America’s Energy Landscape
The giant policy bill muscled through Congress by Republicans is poised to remake American energy by slashing tax breaks for wind and solar power and electric cars while maintaining some federal support for sources like nuclear reactors and geothermal plants. The legislation, which carries President Trump’s domestic policy agenda, provides a boost to fossil fuels and dismantles many of the biggest actions the federal government has ever taken to…
Trump’s ‘Big Beautiful Bill’ is ‘an all-out war on clean energy’, says climate author
Bianna Golodryga speaks to author Jeff Goodell and climate scientist Katharine Hayhoe about the recent heatwaves and the rollbacks on clean energy by the Trump administration’s ‘Big Beautiful Bill.’
Big bill hurts clean energy, industry braces for impact
WASHINGTON — Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts. The legislation targets incentives like the 30% residential solar tax credit extended by the Inflation Reduction Act. Business…
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