WASHINGTON D.C. — Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) on new Treasury Department guidance narrowing “Commence Construction” rules for energy tax credits:
“The Treasury Department’s new guidance to further restrict energy tax credits is part of an unprecedented side deal the administration made with anti-clean energy ideologues to undermine Congress and further harm America’s solar industry. This is a blatant rejection of what Congress passed in H.R. 1, and it threatens thousands of small businesses across the country that are the backbone of our clean energy economy.
“This is yet another act of energy subtraction from the Trump administration that will further delay the buildout of affordable, reliable power. American families and businesses will pay more for electricity as a result of this action, and China will continue to outpace us in the race for electricity to power AI.
“SEIA is carefully reviewing the guidance and evaluating next steps to protect the industry’s and America’s interests, as we have been since this side deal was announced last month. In the meantime, we urge the Trump administration to stop the political games, stop punishing businesses, and get serious about how to actually build the power we need right now to meet demand and stay competitive.”
