In a big bill that hurts clean energy, residential solar likely to get hit fast
- The bill in the House is set to eliminate a 30% tax credit for rooftop residential solar, which was previously extended by the Biden administration's Inflation Reduction Act.
- Bob Keefe, executive director of E2, stated that the residential solar industry will be 'absolutely creamed' by this change.
- Etheridge indicated that the tax credit's loss could lead to layoffs of 50 to 55 workers, calling it a 'bait and switch.'
- Karl Stupka, president of NC Solar Now, anticipates that the elimination of tax credits will result in laying off half his employees, describing the bill's impact as 'destroying the residential portion of the tax credits.
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72 Articles
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…
Stein vetoes 3 bills, including money-saving energy bill
Gov. Josh Stein signed seven bills into law on Wednesday and vetoed three, including a bill that would eliminate the state’s statutory goal to cut carbon emissions by 70% by 2030. According to its supporters, SB 266, The Power Reduction Act, would help save electricity customers nearly $15 billion by reducing construction and compliance costs tied to future power generation. The bill’s centerpiece is the repeal of the 2030 interim carbon reducti…
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