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Trump's Bill Threatens Vermont Solar, Sparks State Innovation

7/29/2025

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Summary

Story summary

The "One Big Beautiful Bill" Act, recently signed by President Trump, strips federal tax credits for solar energy, threatening Vermont's solar sector and vital low-income programs. Experts warn this could lead to soaring electric rates and business closures. In contrast, states are pushing forward with nearly 300 bills in Q2 2025 to upgrade energy storage and smart grid technologies.

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Story summary

The "One Big Beautiful Bill" Act, recently signed by President Trump, strips federal tax credits for solar energy, threatening Vermont's solar sector and vital low-income programs. Experts warn this could lead to soaring electric rates and business closures. In contrast, states are pushing forward with nearly 300 bills in Q2 2025 to upgrade energy storage and smart grid technologies.