December 12, 2024

Defend American Energy Incentives

Add your company to the sign-on letter today to help SEIA defend Solar and storage tax credits and incentives critical to our industry’s success.

Dear Congressional Leaders, 

As we look towards building greater American energy dominance, the solar and storage industries stand at the ready to further expand clean, reliable, domestic energy production.  

Empowered by federal policies that have bolstered solar energy and battery storage deployment and domestic manufacturing, the US solar and storage industries are creating American energy jobs in every state across the country. The industry currently supports more than 280,000 jobs as it has expanded in response to critical power needs, and a rapid onshoring of clean energy manufacturing.  

Over the past two years we have seen tremendous growth in domestic solar manufacturing, strengthening our energy security and global competitiveness. Before these incentives passed, the US ranked seventh in the world for global module manufacturing capacity. Since then, the United States has seen a 500% increase in solar module manufacturing capacity and can nearly meet its total demand for modules in 2024. Remarkably, the United States now ranks third in the world for module manufacturing.  

This manufacturing build out extends well beyond modules to include energy storage, mounting systems, power electronics, and other parts of the supply chain. Since the passage of solar and storage manufacturing incentives, 64 new factories have come online, with an additional 44 factories under construction covering 43 states and Puerto Rico. With these incentives in place, American solar and storage manufacturing is on track to employ 100,000 people across the country by 2033. 

While we have seen significant growth in the solar and storage sectors, solar only makes up about 6% of the current energy mix. Demand for electricity in the U.S. is expected to rise significantly over the next five years with the growth of artificial intelligence, new data centers, U.S. manufacturing, and the electrification of homes, businesses, and transportation.  Over the past two years, the 5-year load growth forecast has increased almost 500% according to a new report from Grid Strategies. Increasing domestic energy production with solar and storage will be a key part in meeting this increasing demand, helping to improve grid reliability and lower consumer electricity prices.  

The potential upside for scaling the U.S. solar industry is tremendous. Growing our domestic energy manufacturing and production together puts us in a powerful position domestically and internationally. 

Solar and storage help the American economy to grow, create jobs, and make America energy dominant. We urge you to keep in place the solar and storage energy and manufacturing credits in any tax package that may move forward in the 119th Congress. 

Sign the Letter: Defend Solar and Storage












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