Trump to Cut Solar, Wind Subsidies on July 4th
Developers say the cutoff will raise financing costs and could push power purchase agreement prices up 40% to 120%, according to LevelTen Energy.
- On Saturday, the Trump administration will end federal tax credit subsidies for new wind and solar projects under the Working Families Tax Cut, terminating incentives that have existed in some form since 1978.
- Energy Secretary Chris Wright said on Thursday the administration would "end the subsidies for wind and solar" after about 35 years, claiming they "drive up the system costs and increase Americans' electricity prices."
- Subsidies have cost taxpayers more than $141 billion over the past 16 years, prompting developers to safe harbor between 216 and 240 gigawatts of solar capacity before the construction deadline.
- Industry analysts expect average prices for power purchase agreements to rise by 40% to 120% without subsidies, though nuclear, geothermal, and energy storage systems remain eligible for credits until 2033.
- House Democrats Sean Casten and Mike Levin introduced the Energy Bills Relief Act in March to reinstate the credits, while the Solar Energy Industries Association cautioned the industry will require time to adjust to a post-tax-credit world.
45 Articles
45 Articles
Trump to cut solar, wind subsidies on July 4th
(The Center Square) - The Trump administration is set to cut subsidies for new solar and wind power projects on Saturday. Estimates suggest the subsidies have cost taxpayers more than $141 billion over the past 16 years.
Energy Secretary Chris Wright Applauds Absolute End For Federal Wind And Solar Subsidies In Massive Green Energy Blow
The 4 Jul 2026 deadline will end core tax credits for future US wind and solar projects, but not all federal support. Energy Secretary Chris Wright said on 2 Jul that the Trump administration would 'end the subsidies for wind and solar' after about 35 years. The statute reaches two principal clean-electricity tax credits rather than every federal mechanism that can assist the sector. Its timing also matters: a project that establishes constructi…
Energy Secretary Applauds The End Of Federal Wind And Solar Subsidies
Idiocracy indeed. Source: International Business Times The 4 Jul 2026 deadline will end core tax credits for future US wind and solar projects, but not all federal support. Energy Secretary Chris Wright said on 2 Jul that the Trump administration would 'end the subsidies for wind and solar' after about 35 years. The statute reaches two principal clean-electricity tax credits rather than every federal mechanism that can assist the sector. Its tim…
Energy Sec: No More Subsidies For Wind And Solar: "Sun Doesn't Always Shine, Wind Doesn't Always Blow"
Via press release from the Energy Department: U.S. Secretary of Energy Chris Wright today released the following statement regarding the Working Families Tax Cut July 4, 2026 deadline ending federal tax credit subsidies for new wind and solar projects not currently under construction. For more than three decades, the federal government has subsidized wind and solar energy generation. In 2025, wind and solar accounted for approximately three perc…
The Wind and Solar Tax Credits Are About to Expire. Will They Come Back?
As many Americans celebrate the country’s 250th birthday this weekend, the clean energy industry will be mourning a death. Independence Day marks the expiration of federal tax credits for wind farms and solar arrays, subsidies that have been in effect in some form or another since 1978. They may not be dead forever. Leading Democrats in Congress are preparing to reinstate the tax credits the next chance they get — whether or not the clean energy…

Coverage Details
Bias Distribution
- 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
















![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)






