US Edition
Solar Industry Bracing for Impact of Rescinded Tax Credits
UNITED STATES, JUL 14 – President Trump's law ends federal solar tax credits by 2025, impacting over 1.2 million taxpayers who claimed $6.3 billion in credits in 2023, accelerating cost increases for solar installations.
- On July 4, 2025, President Donald Trump signed the One, Big Beautiful Bill, which eliminated the solar tax credit for homeowners installing panels.
- As part of his climate rollback, Trump revoked California’s vehicle emissions waivers on June 12, 2025, the background to broader policy shifts undermining clean energy support.
- On July 15, Enverus Intelligence Research found only 30% of U.S. solar projects and 57% of onshore wind are expected to survive under the OBBB, with Wood Mackenzie projecting a 17% decline in solar installations to 375 GWac over 10 years.
- Following the credit’s end, `Ari Matusiak, CEO of Rewiring America`, warns of a 'hurry-up-and-buy' dynamic that will raise costs for homeowners by $8,316 on average.
- In response to the rollback, Tom Bitting notes that decades-long momentum endures, and development is projected to shift to states with strong renewable mandates like Arizona and Ohio.
74 Articles
74 Articles
Do you want federal money for an EV or home solar? Time is running out
If you’ve wanted to install rooftop solar panels or buy an electric vehicle in recent years, you’ve probably been able to get federal money for them in the form of tax credits.But those incentives are going away now that President Trump signed what he’s called the "One Big Beautiful Bill" into law on July 4.That means in the coming months there will be “a ‘hurry-up-and-buy’ ‘limited-time-offer’ kind of dynamic” to get these government incentives…
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The Solar Tax Credit Is Ending: What That Means for Homeowners
Republicans cheered President Donald Trump’s signing of the “big, beautiful bill” on July 4 as “driving down energy costs.” But homeowners planning to install solar panels were hit with a tight deadline to claim thousands of dollars in tax credits.In…
How to use clean energy tax credits before they disappear
This story was originally published by Grist. Sign up for Grist’s weekly newsletter here. The “one big beautiful bill” that President Donald Trump signed into law on July 4 is set to upend many aspects of American life, including climate policy. The law, which Republicans backed en masse, not only derails the nation’s efforts to reduce greenhouse gas emissions, it could also strike a blow to consumers’ pocketbooks. From a climate perspective, th…
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