4 FAQs about Solar power generation site subsidies

How much will wind and solar subsidies cost US taxpayers in 2024?

In the United States, new Treasury Department figures show that subsidies for wind and solar dwarf all other energy-related provisions in the tax code, costing $31.4 billion in 2024, and are expected to cost taxpayers $421 billion more between 2025 and 2034 based on the subsidies in the Biden-Harris climate bill, the Inflation Reduction Act.

Why are governments putting trillions into wind & solar subsidies?

Governments, especially in the West, are pouring trillions into subsidies for wind and solar despite their hidden costs, raising consumer costs and undermining economies.

Does the Solar Energy Technologies Office provide financial assistance?

The Solar Energy Technologies Office (SETO) does not provide financial assistance to companies or individuals to install solar systems. The federal programs below may provide financial assistance to lower energy costs and may be applied to solar.

Are there special solar incentives for low- and moderate-income families?

Many states have special solar incentives for low- and moderate-income (LMI) families and underserved communities. These programs often offer extra rebates, grants or financing to lower upfront costs and widen access to solar. For example:

View/Download Solar power generation site subsidies [PDF]

PDF version includes complete article with source references. Suitable for printing and offline reading.