America's Solar Industry is UNDER THREAT
The reconciliation bill could dismantle the greatest industrial revival in U.S. history.
But, Congress still has time to change course.
America's Solar Industry is UNDER THREAT
The reconciliation bill could dismantle the greatest industrial revival in U.S. history.
But, Congress still has time to change course.
Here's what it could mean...
AN ECONOMIC BOOM UPENDED
American energy incentives have catalyzed a wave of new manufacturing facilities, good-paying jobs, and billion-dollar investments. Repealing them will undermine local economies in communities across the country, especially in Trump Country.
jobs lost in American communities
factories closed or cancelled
in local investments erased
MASSIVE ENERGY INFLATION
increase in consumer electricity costs
Solar is reducing electricity bills for families and helping keep up with skyrocketing energy demand. Throttling solar deployment means higher energy bills for businesses, manufacturers, and everyday Americans.
Source: Brattle Economic Analysis of Clean Energy Tax Credits
SURRENDERING TO CHINA
The AI race depends on affordable, abundant energy supplies. Solar and storage are adding energy to the grid faster than all other sources combined. If Congress cuts these incentives, energy production will fall 145 TWh and America will not be able to meet demand, leading to blackouts and a surrender of the AI race.
SURRENDERING TO CHINA
The AI race depends on affordable, abundant energy supplies. Solar and storage are adding energy to the grid faster than all other sources combined. If Congress cuts these incentives, energy growth will fall 125 GW and America will not be able to meet demand, leading to blackouts and a surrender of the AI race.
"We need energy ADDITION. Not energy subtraction."
Listen to the experts.
"Modifications that inhibit our ability to deploy new energy production risk sparking an energy crisis... Such repeals would increase utility bills the very next day."
— 21 House Republicans in a letter to House leadership
"There is a real opportunity for the GOP to thread the needle... preserving smart energy policies like incentives for solar, storage."
— Trump FERC Chair Neil Chatterjee
"Repeals would translate into immediate utility bill increases, placing additional strain on hardworking Americans."
— 4 Senate Republicans in a letter to Senate leadership
The bottom line
Unless Congress changes course, America could face...
in lost investment
fewer American jobs
factories shuttered
in additional consumer electricity costs
less energy production by 2030
Americans choose SOLAR
Every American wants lower electricity prices, greater energy security, and new economic opportunities — and that’s precisely what solar and storage do! Americans of all backgrounds support clean energy incentives.
Support incentives for clean energy
Believe solar is good for the U.S. economy
Agree solar will save families money
Say solar + storage will boost grid reliability
Understand the data
Deployment Scenarios SEIA analyzed draft bill language and evaluated year-by-year impacts to each market segment based on timelines in the bill. These drive estimates of deployment, employment, investment, generation, and manufacturing volumes. Manufacturing/Factory Impacts Based on deployment impact and component, subcomponent, and mineral restrictions in the bill, SEIA evaluated prospects for ability to construct a project eligible for tax credits using domestic components. SEIA then evaluated costs for each type of component to determine competitiveness and evaluated factory viability based on overall demand levels resulting from restrictions.