US EditionIn a big bill that hurts clean energy, residential solar likely to get hit fast
- The residential solar industry is predicted to face significant challenges, said Bob Keefe, executive director of E2, who stated it will be "absolutely creamed by this."
- Will Etheridge, CEO of Southern Energy Management, noted that the changes would almost certainly include the loss of jobs on their team.
- Adam Michel from the Cato Institute argued that if a business relies on a money-spigot from Washington to make it viable, it probably shouldn’t have been in business in the first place.
- One business owner expressed financial risk, stating that he made a decision from being an employee to taking out a loan from his grandmother to buy into his business and put his house on the line.
64 Articles
64 Articles
Big bill hurts clean energy, industry braces for impact
WASHINGTON — Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts. The legislation targets incentives like the 30% residential solar tax credit extended by the Inflation Reduction Act. Business…
Stein vetoes 3 bills, including money-saving energy bill
Gov. Josh Stein signed seven bills into law on Wednesday and vetoed three, including a bill that would eliminate the state’s statutory goal to cut carbon emissions by 70% by 2030. According to its supporters, SB 266, The Power Reduction Act, would help save electricity customers nearly $15 billion by reducing construction and compliance costs tied to future power generation. The bill’s centerpiece is the repeal of the 2030 interim carbon reducti…
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