| Last night, the U.S. House passed a sweeping tax bill (H.R.1) that would eliminate clean energy tax credits.We need your immediate action to protect these vital clean energy tax credits and energy innovation programs that are at risk in the U.S. Congress. These tax credits are driving a major build-out of clean energy and advanced manufacturing in Utah and across the country. Halting these investments risks undermining American energy abundance, jeopardizing billions of dollars in new investment, thousands of jobs, and increasing energy costs for Utahns. |
| Clean energy is booming in Utah and in states across the country, but repealing credits risks ending this growth (credit to Michael Thomas of Cleanview) |
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| Why It Matters to Utah: Clean Energy tax credits are crucial for advancing clean energy, improving energy efficiency, and promoting electric vehicle adoption. Eliminating them abruptly would hinder progress towards meeting Utah’s energy needs, our progress on a healthy climate, and increase electricity bills for customers. Independent analysis by Energy Innovation and The Rhodium Group demonstrates that repealing these credits will increase energy costs for Utahns and stall clean energy and energy efficiency projects. |
| Take Action Now! Contact Your Representatives: Call Utah’s Senators and your House member and let them know that you oppose the phase-out of these essential clean energy tax credits. Find your representative’s contact information here.Spread the Word: Share this alert with your network to raise awareness and encourage others to take action.More Details on how the House Tax Bill Threatens Clean Energy, Energy Efficiency, and Electric Vehicles The House Tax Bill would do the following: End Clean Energy Tax Credits within 2 months: The 30% tax credit for clean electricity generation (investment tax credit and production tax credit) for solar, wind, batteries, geothermal, pumped hydro storage, and nuclear energy, among other technologies has been a critical driver of a boom in American clean energy. The bill would effectively end the tax credits in 60 days for solar, geothermal, wind, and batteries and sunset it for advanced nuclear projects not under construction by the end of 2028. Eliminate Residential Solar and Home Energy Efficiency Credits and Electric Vehicle Tax Credits: The House proposes a complete phase-out of credits for residential solar (25D), home energy efficiency (25C and 45L), and electric vehicles and charging (25E, 30D, 30C, and 45W) by the end of this year. These tax credits help save Utahns’ money and energy and a critical to having a thriving electric vehicle industry in the U.S. Phase Out the Advanced Manufacturing Tax Credit (45X): The bill would phase out the new Advanced Manufacturing Tax Credit by the end of 2031, with a 25% reduction starting in 2030. However, the reduction in domestic demand for clean energy, energy storage, and electric vehicles will make it much harder to support the innovative industries we need for the future. |