US Editionu.s. Solar Tax Credits Cost $25 Billion, but Cut Bills by $51 Billion per Year
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The annual cost of $25 billion in solar tax credits is greatly exceeded by $51 billion in electricity bill reduction, $12 billion in federal tax revenues and $3.7 billion in state and local taxes, according to an analysis by the Association of Solar Energy Industries (SEIA), Brattle Group and the University of Louisiana. While Congress negotiates the new federal budget, it seeks to make drastic cuts to clean energy tax credits to finance the ext…
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