A new report looks at the fallout from last year's tax law changes, known as the One Big Beautiful Bill Act, which rolled back clean energy incentives from the 2022 Inflation Reduction Act. The report, from the group E2, tracked 216 large clean energy and clean vehicle projects that have been cancelled, closed, or downsized since the changes took effect. It estimates the rollbacks mean 468,000 jobs are no longer supported nationwide, including construction jobs and permanent positions in solar, battery storage, and electric vehicles.
The lost projects add up to real gaps in future power supply: about 10 gigawatts of solar, 3.75 gigawatts of wind, and 9 gigawatts of battery storage that won't get built. The report estimates that's enough electricity to power around 3 million homes. It also puts a dollar figure on the pullback: roughly $68 billion in cancelled capital investment across solar, batteries, EVs, wind, transmission, and clean fuels, plus billions in lost annual tax revenue for local and state governments that would have funded things like schools and fire departments.
For a homeowner, this is broader economic news rather than something that changes any single upgrade decision today. But it points to a trend worth watching: less new solar and battery storage capacity coming online than expected, at a time when electricity demand is rising. That could affect how much power is available in your area and how utility costs move over time, even though it doesn't change what federal or state rebates you can apply for on your own home right now.
Get rebate alerts for your state
Free weekly digest. Unsubscribe anytime. Privacy policy.
Rebates change. See what your state pays now.
Every federal, state, and utility program in one place, each stamped with the date it was last verified against the administering agency.