Breaking Down the One Big Beautiful Bill: What It Means for Solar
What is the One Big Beautiful Bill? The 2025 Federal Budget Reconciliation Bill, popularly known as the One Big Beautiful Bill Act (OBBBA), primarily focuses on extending and expanding tax cuts originally enacted under the 2017 Tax Cuts and Jobs Act. The bill also proposes to boost overall energy production by significantly rolling back clean energy incentives introduced under the Inflation Reduction Act (IRA) of 2022. This includes repealing or phasing out tax credits for renewable energy projects, while removing