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US Senate Budget Bill Proposes to Slash Solar, Wind Incentives From 2026

The bill has extended incentives for hydropower, nuclear, and geothermal to 2036

June 23, 2025

/ Arjun Joshi
/ Market & Policy, Renewable Energy
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The United States Senate Committee on Finance has released a draft legislative text for its version of the budget reconciliation bill, which includes a provision to phase out the clean electricity production tax credit (PTC) and the investment tax credit (ITC) starting in 2026.

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Arjun Joshi

More articles from Arjun Joshi.
Budget Reconciliation BillIRAtax creditsU.S.
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