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BumRushDaShow

(152,901 posts)
Fri May 16, 2025, 05:47 AM Friday

US rooftop solar companies say Republican House bill would be a major setback

Source: Reuters

May 15, 2025 5:51 PM EDT Updated 12 hours ago


May 15 (Reuters) - Companies that put solar panels on U.S. homes say a Republican budget bill advanced in Congress this week would deal a massive blow to the industry by eliminating a generous subsidy for homeowners that had buttressed the industry's growth. The bill would scrap a 30% federal credit for taxpayers who put up rooftop systems, stifling an industry that has grown ten-fold over the last decade and which now employs more than 100,000 workers, industry players said.

"It certainly is a giant setback," said Charlie Hadlow, president of EnergySage, an online solar marketplace. "I have solar installers in our large network passing around the contact information for bankruptcy attorneys. That's not alarmist, that's happening." Many of the biggest residential solar markets are in states that voted for President Donald Trump, including Texas, Florida and Arizona, according to the Solar Energy Industries Association trade group.

The House of Representatives Ways and Means Committee voted this week to allow the 25D tax credit to expire at the end of this year, nine years earlier than planned, as part of a Republican effort to roll back subsidies from former President Joe Biden's signature climate law, the Inflation Reduction Act.

A spokesperson for Republicans on the committee did not immediately respond to a request for comment.
The bill still has several hurdles to clear before getting a broad package of tax cuts, spending hikes and safety-net reductions through Congress. The White House did not immediately respond to a request for comment. Trump wants to undo federal regulations and programs introduced by Biden that are aimed at expanding clean energy and combating climate change.

Read more: https://www.reuters.com/sustainability/us-rooftop-solar-companies-say-republican-house-bill-would-be-major-setback-2025-05-15/

6 replies = new reply since forum marked as read
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US rooftop solar companies say Republican House bill would be a major setback (Original Post) BumRushDaShow Friday OP
All so they can give a tax break to billionaires who don't need it!! Fuck them!! OrlandoDem2 Friday #1
FAFO stage JT45242 Friday #2
It doesn't matter Miguelito Loveless Friday #5
Probably correct for most of them ... JT45242 Friday #6
Incredible myopathy. Republicans and MAGA will burn just as hot as our planet keeps heating up. FailureToCommunicate Friday #3
If tax money goes to the business man it's called a subsidy. If the same tax money goes to the little people Hotler Friday #4

JT45242

(3,326 posts)
2. FAFO stage
Fri May 16, 2025, 06:20 AM
Friday

States with the most manufacturing of solar panels: Ohio, SC, GA, and AL.

Four of the five top producers of solar energy also states mango Mussolini won. Including TX as number two


Bankruptcy for installation company. Massive layoffs for manufacturing. Increased costs for electricity....so much winning....

Miguelito Loveless

(4,970 posts)
5. It doesn't matter
Fri May 16, 2025, 11:29 AM
Friday

I work with these people, and even if they lose their jobs and starve on the street, they will blame anyone but Trump. They will kneel before them, offer their throats for slitting, and then stare adoringly at him as their blood sprays on the ground.

JT45242

(3,326 posts)
6. Probably correct for most of them ...
Fri May 16, 2025, 11:50 AM
Friday

Wind turbines and biodiesel are two of the biggest non-farming employers in Iowa and they keep voting for the felon, and republican senators who vote against them every time.

As long as brown people suffer more they are happy

FailureToCommunicate

(14,504 posts)
3. Incredible myopathy. Republicans and MAGA will burn just as hot as our planet keeps heating up.
Fri May 16, 2025, 09:03 AM
Friday

And climate worsened storms ruin MAGA lives just as equally.

Brainwashed idiots.

Hotler

(13,110 posts)
4. If tax money goes to the business man it's called a subsidy. If the same tax money goes to the little people
Fri May 16, 2025, 09:45 AM
Friday

it's called welfare.

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