The Senate-passed version of President Donald Trump’s “Big Beautiful Bill” significantly scales back federal clean energy incentives. Renewable energy advocates warn these changes will slow down project development, raise electricity prices, and reduce U.S. competitiveness.
While the final version of the bill stripped out a controversial excise tax on wind and solar projects, a last-minute addition that could have increased development costs by up to 20%, it still phases out tax credits for wind and solar development, and imposes new foreign sourcing rules that could delay or disqualify projects.
“This bill is bad news for America’s clean energy future,” said Nat Keohane, president of the Center for Climate and Energy Solutions (C2ES). “It represents a significant setback, particularly in wind and solar. They’re critical to reliability, to affordability, and this bill would roll back tax incentives that support putting wind and solar generation onto the grid, and it does that just at the time when we need all the electricity we can to meet demand for new data centers, for new factories and so on.”
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