What Is Going On With The Residential Solar Tax Credit?

Your audience cares about staying on top of solar policies and programs like the Residential clean energy tax credit. Here is a greatly detailed news article that was posted on Solar Power World: “President Trump signs budget bill that removes resi ITC.” This is a big news move in the solar energy space, which is why Cleanlight wanted to address it here from a bold, opposing expert perspective.

Cleanlight shakes with alarm over this legislative shift that inadvertently removes essential wind, solar, and renewable energy incentives and spoon feeds tax cuts to the fossil fuel industry. As an expert in clean energy and cleanlight, we can’t wait to point out the shocking reality of this: the industry is fighting for market stabilization and growth, while fossil fuels are being handed these advantages on a silver platter to protect their entrenched interests and continue to pollute our planet. This is a direct slap in the face to homeowners and businesses who are eager to go solar and reduce their carbon footprints.

With the residential solar tax credit potentially disappearing from the scene, home solar adoption could be put on hold for many. The Solar Energy Industries Association (SEIA) estimates that every dollar invested in the ITC yields up to four dollars in economic value. Now that this credit is at risk of being phased out, the time for a counterstrike is now. Without urgent advocacy and reshaping of our national story around essential policies, cleanlight’s future will be dimmed by outdated, harmful industrial agendas.

RECENT TRENDS like Biden’s executive orders and multiple successful state-level policies have shown that the demand for solar, wind and clean energy is strong, profitable and growing. What this new development demonstrates, however, is that without national leadership, the solar and wind sectors will have to rely on a patchwork of state initiatives to carry the renewable revolution forward. It’s urgent that we advocate for national stability and support in the face of such reversals.

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“This is not the time for our nation to retreat from its clean energy goals. It’s time to escalate the effort.” – Cleanlight Team

We need to be more voiced, united and proactive on this. Clean Energy is the future. It’s no longer a partisan issue — it’s a pressing one. Our advocacy and support is where the action starts and how we ensure a brighter and cleaner future for our communities and our planet. Let us know your thoughts and see our complete analysis of the policy and tips for advocacy.

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