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One Big Beautiful Loophole Is Allowing Big Solar To Fleece Taxpayers
Summary by American Energy Alliance
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One Big Beautiful Loophole Is Allowing Big Solar To Fleece Taxpayers
The One Big Beautiful Bill Act (OBBBA) of 2025 phased out hefty solar and wind tax credits created under former President Biden’s Inflation Reduction Act (IRA) passed in 2022. But instead of phasing out battery storage tax credits along with the wind and solar tax credits, the OBBBA phases them out much later — in 2036—which solar developers are now capitalizing on by adding battery storage components to new builds, allowing them to keep earning…
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