House Ways and Means Attempt to Repeal IRA Weakens Nation’s Energy and Economic Security
Monday, Jun 12 2023
WASHINGTON, D.C. — Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) on the American Families and Jobs Act, which would eliminate or modify several clean energy tax policies in the Inflation Reduction Act:
“We urge Congress to remove the Inflation Reduction Act’s (IRA's) solar and storage credits from the House Ways and Means tax package.
“In less than a year these pro-business, pro-growth policies have spurred more than 65 gigawatts of clean energy manufacturing announcements around the country. These announcements translate to support for our communities and thousands of jobs where we need them most. They will also help us onshore the solar supply chain, making the IRA one of the most important and effective policies we have to invest in our energy security.
“Repealing the IRA will destabilize the $35 billion solar market and harm thousands of small businesses in the process. More than 255,000 Americans rely on their solar and storage job to support their families, and Congress must act to protect them.”
The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 30% of U.S. electricity generation by 2030. SEIA works with its 1,000 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.
Jen Bristol, SEIA's Senior Director of Communications, [email protected] (202) 556-2886