Press Mention Public News Service June 19, 2025
SACE Quoted
Clean energy tax credit cuts would impact NC jobs, energy bills
In this mention
Congress's budget reconciliation bill would repeal clean-energy tax credits established under the 2022 Inflation Reduction Act, which have already generated 400,000 jobs nationally. Chris Carnevale, climate advocacy director for the Southern Alliance for Clean Energy, warns that eliminating these credits would raise household energy costs in North Carolina by over $290 annually by 2030 and could cost the state 45,000 jobs while exacerbating the climate crisis.
It's not just the taxpayer who claims the tax credit on their return that gets the financial benefit of the credits. The clean-energy credits actually lower electricity costs for every American.
Chris Carnevale
Original clipping
PDF didn't open? Open it in a new tab →
Full transcript
Clean energy tax credit cuts would impact NC jobs, energy bills
By Eric Tegethoff - Producer
Jun 20, 2025
Critics of Congress's budget reconciliation bill warn that taking away clean-energy tax credits could impact job prospects and pocketbooks for North Carolinians.
The House has already passed a version of the bill repealing the tax credits for clean-energy projects, and the Senate version similarly strips them. Passed under the Inflation Reduction Act, the clean-energy bill from 2022 has already added 400,000 jobs.
Chris Carnavale, climate advocacy director for the Southern Alliance for Clean Energy, said the tax credits lower costs to produce energy.
"It's not just the taxpayer who claims the tax credit on their return that gets the financial benefit of the credits," he said. "The clean-energy credits actually lower electricity costs for every American."
The Senate version of the budget reconciliation bill could increase average spending on household energy in North Carolina by more than $290 per year by 2030, according to a report from the think tank Energy Innovation. Carnvale said the bill could also make it harder to meet growing electricity demands.
Republicans in Congress who support the cuts have said they're saving the country money. But the move could have major impacts for the economy as well. Energy Innovation's evaluation of the bill says it could cost North Carolina 45,000 jobs by 2030.
"It's pretty tough out there in this economy," said Shannon Heyck-Williams, lead climate and energy policy advisor for the National Wildlife Federation. "So, I wouldn't sneeze at any opportunity to bring on clean, well-paying jobs to these states, especially when they're bringing these positives benefits to the overall environment by not having the polluting side effects of some our more traditional forms of energy."
Carnavale noted that repealing the clean-energy tax credits has other impacts as well.
"Needlessly taking away those incentives to transition to cleaner sources of energy," he said, "will have harmful impacts on people's health, on the environment and will exacerbate the climate crisis.'