Wind, Solar Credits Set to End Early in Senate GOP Tax Bill

Bloomberg.com · last updated June 16, 2025 – 9:40 PM

Senate Republicans released a bill that would end tax credits for wind and solar earlier than for other sources, and make only modest changes to most other incentives, dashing hopes of those seeking relief from major cuts passed by the House.

Shares of solar stocks were the worst performing group in extended trading after proposed text of the bill was released. Sunrun Inc. plunged as much as 27%, while SolarEdge Technologies Inc. dropped as much as 22%. Enphase Energy Inc slid 16%.

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