Texans Will Pay Higher Power Bills as Clean Energy Development Slows

Texans will pay higher power bills as clean energy development slows because of tax credit cuts, economists say

Economists expect that the development of solar and wind farms nationwide will slow and electricity prices will rise in the coming decade because of significant rollbacks to tax credits that benefited those industries, in addition to other economic uncertainty.

Texans will pay higher power bills as clean energy development slows

The One Big Beautiful Bill drastically shortens the timeline for wind and solar projects to qualify for tax credits.

Texans will pay higher power bills as clean energy development slows due to tax credit cuts, economists say

The One Big Beautiful Bill drastically shortens the timeline for wind and solar projects to qualify for tax credits. This will impact even Texas, where wind and solar power have boomed and power demand is rising.