Impact of Reform to Clean Energy Tax Credits on Investment, Jobs, and Consumer Bills

During this event, we’ll discuss how eliminating specific incentives from the Inflation Reduction Act (IRA) could have significant impacts across the country’s seven competitive wholesale electricity markets, which represent around two-thirds of total U.S. power consumption. By 2040, potential impacts include:

• $336 billion less investment in clean energy infrastructure
• 237 gigawatts (GW) reduction in clean energy generation capacity
• At least 97,000 net fewer American jobs in the energy sector
• Household electricity bills increasing by an average of 10%, with some states seeing up to 22% higher costs

If you have any questions, please get in touch with Daniel Perea.