Solar and Storage Industry Statement on Proposed U.S. Senate Finance Committee Reconciliation Text

WASHINGTON D.C. — Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) on the reconciliation bill text released by the U.S. Senate Finance Committee:  

“Despite modest improvements on several provisions, this legislation does not go far enough to remove the threat to one of the greatest economic success stories in American history. As drafted by the Senate Finance Committee, this proposal would pull the plug on homegrown solar energy and decimate the American manufacturing renaissance. This bill makes it harder to do business in America for U.S. manufacturers and small businesses and will undoubtedly lead us to an energy-strained economy with higher electric bills over the next five years. 

“Let’s be clear about who will pay the price if this bill becomes law: Americans’ electric bills will spike, American workers will be laid off, American factories will shutter, American communities will suffer blackouts, and American lawmakers will forfeit the AI race to China. 

“There’s still time to fix this so that solar and storage can continue to lower energy costs for families and business and ensure the United States wins the AI race against China. We call on the U.S. Senate to amend the Finance Committee proposal and unleash American energy dominance.”  

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About SEIA®:

The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy. SEIA works with its 1,200 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Visit SEIA online at www.seia.org and follow @SEIA on Twitter, LinkedIn and Instagram.