New York Times: “Electricity Prices Are Surging. The GOP Megabill Could Push Them Higher.”
RFF analysis on the effects of repealing the Inflation Reduction Act’s tech-neutral clean energy tax credits is cited in this piece.
“This week, the Senate is taking up Mr. Trump’s sweeping domestic policy bill, which has already passed the House. In its current form, that bill would abruptly end most of the Biden-era federal tax credits for low-carbon sources of electricity like wind, solar, batteries, and geothermal power.
Repealing those credits could increase the average family’s energy bill by as much as $400 per year within a decade, according to several studies published this year.”
