What Trump’s Solar Crackdown Could Mean for Pennsylvania Energy Bills
The rollback of tax credits under the One Big Beautiful Bill Act will raise Pennsylvania household electricity costs by $130 annually by 2030, according to industry reports.
- The OBBBA was passed last month, with developers fearing it will lead to higher energy bills in Pennsylvania as solar tax credits are rolled back.
- As credits approach expiration, the administration directed the U.S. Treasury secretary to issue guidance on the rollback, prompting developers to fear impacts on future renewable energy projects.
- On the ground in Pennsylvania, developers report Vesper Energy’s Bradford County solar farm will generate power for 392 homes, amid fears rising energy costs will hinder future projects.
- Experts say the rollback will slow renewable energy projects and raise electricity bills for consumers, according to industry reports.
- As credits sunset, a report from the Mid-Atlantic Renewable Energy Coalition projects potential cost increases for Pennsylvania households.
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Solar Stocks Outshine Oil and Gas Benchmarks After Climate Credit Cuts
Last month, U.S. President Donald Trump signed into law ‘One Big Beautiful Bill Act’, rolling back many clean energy credits enacted by former President Joe Biden under the Inflation Reduction Act (IRA) of 2022. As widely expected, OBBBA is far from beautiful for various industries within the solar and wind energy sectors. However, the solar sector has continued to defy bearish expectations one month after OBBBA was passed, thanks in large part …
What Trump’s solar crackdown could mean for Pennsylvania energy bills - Gettysburg Connection
Experts say the rollback will decrease energy production and add $130 on average to bills by the end of the decade. by Kate Huangpu of Spotlight PA Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. Sign up for our free newsletters. Solar panels in Elizabethtown, Pennsylvania.Commonwealth Media Services H…
What Trump’s Solar Crackdown Could Mean for Pennsylvania Energy Bills
Spotlight PA is an independent, nonpartisan and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. Sign up for our free newsletters. HARRISBURG — Renewable energy developers say that the rollback of billions in tax credits for their industry will lead to higher costs for consumers, especially as the influx of data centers into Pennsylvania increases dem…
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