ACP Statement on Senate Tax Package

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ACP Statement on Senate Tax Package

WASHINGTON, D.C., June 16, 2025 - The American Clean Power Association (ACP) issued the following statement from ACP CEO Jason Grumet after the Senate Finance Committee released draft legislative text as part of the Congressional reconciliation budget process:

"This evening, the Senate Finance Committee released proposed language that would increase household electricity bills and threaten hundreds of thousands of jobs across the country. While the Senate Finance Committee proposal eliminates poison pills from the House legislation, abrupt changes to the clean energy tax credits unnecessarily penalize companies that are making good faith investments under current law. The most immediate impact will be felt by consumers and companies facing increased energy bills. Absent reasonable timelines for businesses to adjust to increasing taxes, good paying jobs, technology innovation, and AI data centers will be driven overseas. As the legislation moves through the process, we look forward to working with the Senate on reasonable amendments that protect American jobs, strengthen our economy, and support U.S. energy dominance."

The American Clean Power Association (ACP) is the leading voice of today's multi-tech clean energy industry, representing energy storage, wind, utility-scale solar, clean hydrogen, and transmission companies. ACP is committed to meeting America's energy and national security goals and building our economy with fast-growing, low-cost, and reliable domestic power.

Learn more at cleanpower.org, and follow ACP on LinkedIn, Instagram, Facebook, and X.