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Final Up to date on: sixteenth Could 2025, 02:56 am
WASHINGTON D.C. — Following is an announcement from Abigail Ross Hopper, president and CEO of the Photo voltaic Vitality Industries Affiliation (SEIA) on the reconciliation invoice textual content launched by the U.S. Home Methods and Means Committee and the U.S. Home Vitality and Commerce Committee:
“At a time when billions of {dollars} are being invested in states that overwhelmingly voted for President Trump, this proposed laws will successfully dismantle probably the most profitable industrial onshoring effort in U.S. historical past.”
“Whereas American companies are demanding extra vitality to compete in opposition to our adversaries and shoppers are turning to scrub vitality to hedge in opposition to rising electrical energy costs, these proposals will undermine our nation’s efforts to realize President Trump’s American vitality dominance agenda. This laws will trigger a whole lot of American factories to shut, get rid of tens of hundreds of jobs, drive electrical payments to skyrocket for everybody, weaken the reliability of our electrical grid, and get rid of our capability to compete with China. This disruption would devastate native, red-state economies, with greater than 75% of at-risk factories and investments concentrated in these communities.”
“To make issues worse, this laws is an assault on our particular person liberties and freedom to decide on how we energy our properties. By successfully repealing the clear vitality tax credit score for owners, it rips shopper alternative away from tens of millions of hardworking People.”
“There’s separate and dangerous laws proposed that impacts the funding mechanisms that enable everyone, together with these dwelling in underrepresented communities, to profit from clear, inexpensive energy.”
“The photo voltaic and storage trade appreciates the various competing pursuits confronted by this Congress and stands able to work along with our elected officers to make sure that American vitality dominance prevails. The present proposals don’t obtain that. Our nation’s vitality safety and nationwide safety are on the road.”
About SEIA®:
The Photo voltaic Vitality Industries Affiliation® (SEIA) is main the transformation to a clear vitality financial system, creating the framework for photo voltaic to realize 30% of U.S. electrical energy technology by 2030. SEIA works with its 1,000 member firms and different strategic companions to combat for insurance policies that create jobs in each group and form truthful market guidelines that promote competitors and the expansion of dependable, low-cost solar energy. Based in 1974, SEIA is the nationwide commerce affiliation for the photo voltaic and photo voltaic + storage industries, constructing a complete imaginative and prescient for the Photo voltaic+ Decade by way of analysis, training and advocacy.
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