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Texans will pay higher power bills as clean energy development slows because of tax credit cuts, economists say

The One Big Beautiful Bill drastically shortens the timeline for wind and solar projects to qualify for tax credits. This will impact even Texas, where wind and solar power have boomed and power demand is rising.

A solar project on Wednesday, April 16, 2025, in Ector County.

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How tax credits boosted clean energy development in Texas

Texas could lose billions in investment and thousands of jobs


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