Rooftop Solar Takes Gut Punch in House Tax Bill
By Jennifer Hiller, The Wallstreet Journal.
Excerpt: The struggling rooftop solar industry faces a potentially fatal blow after the House of Representatives passed a tougher version of President Trump’s expansive tax-and-spending package. The bill sunsets rich renewable energy credits, as expected.... Credits for rooftop solar and battery storage would end this year, while those for larger solar, storage and wind energy projects would end by 2028, instead of a slower phaseout through 2031....
Full article at https://www.wsj.com/finance/stocks/rooftop-solar-takes-gut-punch-in-house-tax-bill-dee033fa.
See also article in The Guardian: Trump’s tax bill to cost 830,000 jobs and drive up bills and pollution emissions, experts warn.