WASHINGTON (Reuters) -The U.S. Senate is working on adjustments to a tax credit to incentivize residential rooftop solar energy that had been eliminated in the House of Representatives and Senate Finance Committee versions, Senator Kevin Cramer said on Tuesday.
Cramer, a Republican who serves on the Senate energy committee, told reporters that “there is work being done” on rooftop solar as part of discussions around fixing the language on the future of Inflation Reduction Act tax credits for clean energy projects.
Overall, he said, whatever the Senate comes up with, “it might be actually a little more generous than the House” version.
Groups representing renewable energy producers and users have been making a last-minute push in the Senate to improve language in the Senate appropriations bill text for its section of President Donald Trump’s “big, beautiful” tax and spending package around the phase-out of IRA tax credits for clean energy before it faces a vote some time next month.
Cramer said senators are working on adjusting the “off ramp” for phase-out of the tax credits, which were abrupt in the House-passed version.
(Reporting by Valerie Volcovici, David Morgan and Nichola Groom; Editing by Leslie Adler and Mark Porter)
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