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In a big bill that hurts clean energy, residential solar likely to get hit fast
Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts. (AP Video by Allen Breed. Produced by Julián Trejo Bax)
WASHINGTON (AP) — As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt.
“(The changes) would almost certainly include the loss of jobs on our team,” wrote Will Etheridge, CEO of Southern Energy Management in Raleigh. “I’m telling you that because you deserve transparency and the truth — even if that truth is uncomfortable.”
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