Sunrun CEO Warns Against Congressional 'Rug Pull' on Clean Energy
- On June 3, 2025, energy industry leaders called on U.S. Senate officials to oppose House legislation that would severely reduce tax incentives for clean energy.
- The House bill, passed by Republicans who criticize credits for supporting intermittent renewables like wind and solar, threatens subsidies for baseload power technologies.
- A letter from nuclear, geothermal, hydropower, and storage companies highlighted that these baseload technologies rely on tax credits to secure financing and maintain grid reliability.
- PosiGen, serving over 40,000 homeowners in high energy burden states, stated eliminating credits would increase energy costs by $51 billion and jeopardize nearly 300,000 jobs.
- The companies and PosiGen leaders warned abrupt credit removal would cause energy chaos, hurt the economy, and urged Congress to ensure a balanced pathway preserving access for working-class families.
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Advanced nuclear companies and others urge Senate to keep energy tax credits
(Reuters) -Energy companies representing technologies that provide baseload, or stable and consistent power, on Tuesday urged U.S. Senate leadership to preserve clean energy tax credits that were effectively gutted by a Republican bill passed last month by the House of…
·Colorado Springs, United States
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PosiGen Leaders Urge Lawmakers to Protect Energy Tax Credits that reduce energy costs, support nearly 300,000 jobs, and have led to an American manufacturing boom
NEW ORLEANS, June 3, 2025 /PRNewswire/ -- As Congress considers changes to the federal energy tax credits as part of the budget reconciliation process, leadership at PosiGen is calling on Senators to modify the House bill that would have devastating…
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