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The Texas Tribune
The Texas Tribune
National
By Emily Foxhall and Gabby Birenbaum

Texans will pay higher power bills as clean energy development slows because of tax credit cuts, economists say

A solar project on Wednesday, April 16, 2025, in Ector County.
A solar project in Ector County. The Trump administration's rollback of tax credits will mean fewer renewable energy projects get built in Texas, experts say. (Credit: Eli Hartman for The Texas Tribune)

Economists expect that the development of solar and wind farms nationwide will slow and electricity prices will rise in the coming decade because of significant rollbacks to tax credits that benefited those industries, in addition to other economic uncertainty.

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