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/

OrlandoDem2
(2,802 posts)JT45242
(3,326 posts)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)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)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)And climate worsened storms ruin MAGA lives just as equally.
Brainwashed idiots.
Hotler
(13,110 posts)it's called welfare.