A change in tax law is affecting the clean energy industry. The phaseout of subsidies is underway, which was accelerated by a 2025 tax law. This development is expected to have significant implications for the cost of wind and solar energy.

As a result of the subsidy phaseout, contract prices for these forms of energy are likely to increase substantially. The price jump is anticipated to be in the range of 40% to 50%.

Further details on this issue can be found in the Waco Tribune-Herald, which has reported on the potential impact of the tax law change on clean energy projects.