Some Early Responses to Large Dangerous Funds Invoice

Final Up to date on: 4th July 2025, 01:18 am

Congress has handed a reconciliation invoice for 2025. It has been misleadingly branded “One Large Lovely Invoice” by Donald Trump and Republicans, nevertheless it’s actually One Large Dangerous Funds Invoice. We’ve already coated it a bit, and I’m positive we are going to write far more about it within the coming days, however there have been some early, nicely thought out responses from cleantech trade teams, and I wished to present them some air right here. Learn on and see what they must say:

Photo voltaic and Storage Business Assertion on Closing Home Passage of the Reconciliation Invoice — from SEIA

Following is a press release from Abigail Ross Hopper, president and CEO of the Photo voltaic Power Industries Affiliation (SEIA) on closing Home passage of the reconciliation invoice:

“The invoice being despatched to the President’s desk immediately is a big step backwards for our nation’s power financial system at a time once we can least afford it. Within the face of rising power prices, world instability, and rising demand for energy, Congress has turned its again on the very industries which can be including the vast majority of the brand new electrical energy producing capability to the grid.

“America is within the midst of an power manufacturing growth, with new photo voltaic and storage factories opening throughout the nation due to the forward-looking coverage this regulation will upend. Now many of those model new factories might be pressured to close down and lay off 1000’s of employees, gutting communities that have been lastly seeing the sort of industrial revival rural America wants and handing an premature and strategic victory to China.

“Whereas this invoice averted some very damaging provisions, it’s deeply disappointing to see partisan politics outweigh sensible pro-growth options that serve all Individuals. Photo voltaic and storage are America’s finest guess to decrease power prices, construct long-term power resilience, and break away from the grip of overseas power dependence. It’s particularly disheartening to witness the entire disregard for the 1000’s of small companies within the residential photo voltaic sector that got solely months to reinvent themselves.

“No matter what occurs in Washington within the coming months and years, markets will proceed to drive outcomes. The photo voltaic and storage trade is resilient, and SEIA will hold combating on daily basis for good, secure, business-friendly insurance policies that ship on genuine and true American power independence.”

Congressional Republicans Abandon Working Households and Weak Communities — from BlueGreen Alliance

Republicans within the U.S. Home of Representatives upheld the Senate’s revisions to the funds invoice working its method via Congress. The so-called “One Large Lovely Invoice” repeals clear power investments that may create hundreds of thousands of producing and building jobs across the nation.

Analysis confirms that killing these investments will shutter initiatives, price jobs, restrict American competitiveness within the world financial system, and offshore our home manufacturing provide chain of fresh applied sciences over the subsequent decade.

The invoice might additionally improve family power prices by $400 yearly inside the subsequent decade and can strip hundreds of thousands of Individuals of their healthcare.

The invoice is headed to the White Home for President Donald Trump’s signature.

Following the invoice’s passage, the BlueGreen Alliance launched a press release from Govt Director Jason Walsh.

“The GOP handed this disastrous funds invoice, and on a regular basis Individuals pays the value. It clearly illustrates that Republicans in Congress don’t work for his or her states or their districts—they work for his or her marketing campaign donors and billionaires. This invoice is a loud wakeup name that the GOP doesn’t worth working households.”

EnergySage Reacts To Congress’s Omnibus Invoice Development, Penalties for Photo voltaic Business

EnergySage, the nation’s main residence electrification market for clear power options, issued a press release immediately concerning Congress’s development of the omnibus invoice that has been dubbed the “one large, stunning invoice,” which might eradicate the Residential Clear Power Credit score—often known as the 25D tax credit score.

EnergySage Director of Insights Emily Walker issued the next assertion:

“This invoice doesn’t simply eradicate clear power tax credit prematurely—it would kill 1000’s of jobs, crush small companies, and make residence power costlier for hundreds of thousands of Individuals. Clear power is the one viable power future—one that’s sustainable, inexpensive, and supplies the abundance of power the world wants. However this funds invoice inexplicably and unnecessarily takes us backward. We stay deeply dedicated to America’s clear power future over the long term. Within the brief time period, we are going to assist as many American householders as potential go photo voltaic earlier than the tax credit expire on the finish of this yr. Past that, we are going to serve the hundreds of thousands of house owners for whom photo voltaic stays a wise funding and an necessary act of independence from rising utility charges. Our mission stays to gasoline the expansion of fresh power, assist installers nationwide, and speed up residence electrification, so individuals in all places can get monetary savings, be extra power impartial, and make a distinction within the combat towards local weather change.”