Key tax proposals relating to renewable energy tax credits

The House of Representatives passed the One Big Beautiful Bill Act, which includes provisions terminating or otherwise significantly affecting renewable energy tax credits, on May 22,

S.5352

There is one version of the bill. To amend title VI of the Public Utility Regulatory Policies Act of 1978 to establish a Federal renewable electricity standard for retail electricity suppliers, and for

Senate GOP cuts renewable energy tax credits in big budget bill | AP

The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects but quickly phases out tax credits for wind, solar and other renewable energy.

Renewable energy tax bill passes in Olympia, heads to Senate

OLYMPIA, Wash. – House Bill 1960, which proposes an excise tax on renewable energy systems, is making progress in Washington state legislation.

The “One, Big, Beautiful Bill”

On May 22, 2025, the U.S. House of Representatives advanced its version of the legislation now known as “The One, Big, Beautiful Bill” (the "Bill") by approving tax provisions which, among other things,

Senate budget bill deals big blow to renewable energy

WASHINGTON, July 1 (Reuters) - The U.S. Senate''s massive budget bill that passed on Tuesday will make it harder to develop wind and solar energy projects, despite the removal of some...

Updated Senate bill slashes wind and solar incentives

An updated draft of the Senate''s megabill text slashes tax incentives for wind and solar energy — and adds a new tax on future wind and solar projects.

Big Beautiful Bill Ending Renewable Energy Tax Credits in 2025

If you''re planning to upgrade your home with a heat pump, solar panels, or other energy-efficient improvements, now is the time to act. The Big Beautiful Bill renewable energy incentives are

Trump''s ''Big Beautiful Bill'' may end clean energy

Democrats and environmental groups said the GOP plan would crush growth in the wind and solar industry and lead to a spike in Americans'' utility bills. The measure jeopardizes hundreds of...

Final GOP bill kneecaps renewables and hydrogen but lifts nuclear

Trump is expected to sign it. Solar, wind, and clean hydrogen will all lose incentives under the new bill, while nuclear and geothermal see some IRA benefits preserved.