The US is bracing for a sharp increase in electricity bills as wind and solar projects lose tax incentives under a new Republican law. Analysts predict that power prices will rise by 9-18% nationally by 2035, with some states facing rate hikes of up to 350%. As companies scramble to adapt to the changing landscape, industry experts warn of chaos and job losses in the renewable energy sector.
Source: https://www.npr.org/2025/07/15/nx-s1-5461128/congress-energy-tax-credit-solar-wind