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OBBB Cuts Clean Energy Tax Credits, Prices to Surge

7/20/2025

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Summary

Story summary

The U.S. energy landscape is bracing for a dramatic shift as the One Big Beautiful Bill (OBBB) cuts tax credits for solar and wind energy. This controversial move could slash clean energy installations by a staggering 41% post-2027, ultimately driving up electricity prices for consumers, especially in Republican-led states.

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Story summary

The U.S. energy landscape is bracing for a dramatic shift as the One Big Beautiful Bill (OBBB) cuts tax credits for solar and wind energy. This controversial move could slash clean energy installations by a staggering 41% post-2027, ultimately driving up electricity prices for consumers, especially in Republican-led states.