"Solar is reducing electricity bills for families and helping keep up with skyrocketing energy demand. Throttling solar deployment means higher energy bills for businesses, manufacturers, and everyday Americans," the report says, estimating consumer electricity costs will increase by over $15 billion.
The AI race depends on affordable, abundant energy supplies. Solar and storage are adding energy to the grid faster than all other sources combined.
"If Congress cuts these incentives, energy production will fall 173 TWh and America will not be able to meet demand, leading to blackouts and a surrender of the AI race."
According to recent polls cited in the article, Americans want lower electricity prices, greater energy security, and new economic opportunities — and that's precisely what solar and storage do! Americans of all backgrounds support clean energy incentives.
Seventy-five percent believe solar is good for the American economy and 87% support inventives for clean energy.
In a statement Abigail Ross Hopper, president and CEO of the SEIA, said, “If Congress does not change course, this legislation will upend an economic boom in this country that has delivered a historic American manufacturing renaissance, lower electric bills, hundreds of thousands of good-paying jobs, and tens of billions of dollars of investments primarily to states that voted for President Trump.
"This unworkable legislation is willfully ignorant of the fact that deploying solar and storage is the only way the US power grid can meet the demand of American consumers, businesses, and innovation. If this bill becomes law, America will effectively surrender the AI race to China and communities nationwide will face blackouts.
"It's not too late for Congress to get this right. The solar and storage industry is ready to get to work with the US Senate on a more thoughtful and measured approach to unleashing true American energy dominance to create a brighter future for all Americans."