In the U.S., over 5 million homes have adopted solar energy; however, proposed legislation by House Republicans could eliminate essential tax credits for solar installations. This change would drastically hinder growth, projecting a potential 50% drop in installations next year, with some forecasts suggesting an 85% decline by 2030. Industry experts emphasize the importance of these credits for affordability and job maintenance within the solar sector, and they are urging lawmakers for a more gradual approach to phasing out these incentives.
Over the past two decades, more than 5 million U.S. households from California to Georgia to Maine have put solar panels on their roofs, drawing energy from the sun and reducing their electric bills.
Without the tax credits, it would take 17 years, on average, for homeowners to earn back their solar investments.
Collection
[
|
...
]