Texas
Texas stands to lose approximately $87 billion in economic activity due to halted clean energy projects. The repeal of clean energy tax credits could result in an average annual household energy cost increase of $777 by 2035.
Oklahoma
With a significant reliance on wind energy, Oklahoma could see annual household energy bills rise by up to $845 by 2035 if clean energy incentives are removed.
South Carolina
The elimination of renewable energy tax credits may lead to an 18% increase in energy costs by 2035, as the state would need to depend more on natural gas and other fossil fuels.
North Carolina
North Carolina’s clean energy sector, particularly solar power, could be adversely affected by the rollback of tax credits, leading to higher energy costs for consumers.
Colorado
Utility providers in Colorado have indicated that repealing tax credits for wind and solar energy would necessitate increasing energy prices for consumers.
Nevada
The state’s substantial investments in clean energy projects, including solar and battery storage, are at risk. The removal of tax incentives could lead to higher energy costs for households.
Arizona
Arizona’s growing solar energy sector could face setbacks due to the proposed tax plan, potentially resulting in increased energy bills for residents.
New Mexico
The elimination of clean energy tax credits may hinder renewable energy development in New Mexico, leading to higher energy costs for consumers.
Georgia
Georgia has experienced multiple energy rate increases in recent years. The proposed tax plan could exacerbate this trend by removing incentives for clean energy, leading to further cost hikes.
Iowa
Iowa’s wind energy industry could suffer from the rollback of tax credits, potentially resulting in increased energy costs for households.
