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Climate First Bank Fights Solar Tax Break Cuts

6/24/2025

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Summary

Story summary

Climate First Bank in Florida is determined to boost its solar lending through the innovative FastTrack program, even as Senate legislation threatens to cut tax breaks for solar energy. Experts warn that if the bill passes, residential solar installations could plummet by 53%, jeopardizing the future of many lenders in the industry.

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Story summary

Climate First Bank in Florida is determined to boost its solar lending through the innovative FastTrack program, even as Senate legislation threatens to cut tax breaks for solar energy. Experts warn that if the bill passes, residential solar installations could plummet by 53%, jeopardizing the future of many lenders in the industry.