American solar energy companies say on the surface that the Republican Law will be a major setback

(This story was corrected to change the title of the Thomas Clark from Northstone Solar in paragraph 20)

By nichola GROOM

(Reuters) -The Companians who put solar panels on American homes say the Republican Budget Budget Advanced in Congress this week will deal with a huge blow to this industry by eliminating generous support for home owners who collected industry growth.

Players in this field said that the draft law would cancel 30 % federal credit for taxpayers who have placed systems on the surface, which suffocates a ten -fold industry over the past decade, which is now employing more than 100,000 workers.

“It is definitely a giant setback,” said Charlie Hadlo, president of Energysage, an online solar market. “I have solar stabilizers in our big network that wanders in contact information for bankruptcy lawyers. This is not worrying, this happens.”

Many of the largest residential energy markets in the states that voted for President Donald Trump, including Texas, Florida and Arizona, according to the Solar Energy Industries Association Group.

The House of Representatives and means of the House of Representatives voted this week to allow the 25D tax credit at the end of this year, nine years before the plan, as part of the Republican effort to decline support from the former climate law of President Joe Biden, the law to reduce inflation.

A spokesman for the Republican of the committee immediately did not respond to a request for comment.

The draft law still has many obstacles that must be clarified before obtaining a wide range of tax cuts, increased spending and safety network discounts across Congress.

The White House did not immediately respond to a request for comment. Trump wants to back away from the federal regulations and programs that Biden entered, which aims to expand clean energy and combat climate change.

More than half of the residential facilities are qualified to obtain 25D tax credit, according to Energysage, which the surface systems can be about $ 8,000 or $ 9,000 without them.

Support has been very important for the small fixtures whose customers pay money or get loans and then demand credit for tax declarations.

For panels owned by a third party, such as the bank, which is rented for homeowners, the system owners can claim separate tax credit left by the draft law of the house in its place until 2032 but they start gradually disposal in 2029.

This market is dominated by senior players such as Sunrun.

“You just want to put a greater burden on the normal atmosphere that pays taxes? This does not seem fair,” said Jack Ramsay, CEO of Alsys Solar in Tulare, California.