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December 5, 2025

Treasury Department

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Federal Energy Policy News Roundup: House Bills and DOE Returns $13B
Democrats introduced a FERC-heavy bill to control electricity costs, House Energy & Commerce Committee Republicans tout bills passed out of committee, DOE returns $13 billion and some details from the Dallas Fed survey.
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IRS Guidance on Wind and Solar Credits Not as Bad as Feared
The Trump administration is tightening the rules on qualifying for tax credits on new wind and solar construction, but not as much as some feared it would.
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Trump Executive Order Targets Renewable Energy Tax Credits
President Trump has issued an executive order targeting renewable energy tax credits as strongly as possible under the One Big Beautiful Bill Act.
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Renewables Supporters Decry Late Change to Trump’s ‘Big Beautiful Bill’

Senators working through the weekend on Trump's “One Big Beautiful Bill” delivered renewable energy supporters an unexpected and unpleasant surprise in the form of proposed taxes that likely would stymie completion of projects already in the works.

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Budget Bills Would End Energy Tax Credits Early, Claw Back Other Funding
Key House committees are marking up “One Big, Beautiful Billfor the fiscal 2025 budget that includes much of President Donald Trump’s legislative goals, including clawing back funds and phasing out tax credits for clean energy. 
Internal Revenue Service
IRS Issues Low-income Clean Electricity Rules
Rules and guidance for the federal Clean Electricity Low-Income Communities Bonus Credit have been finalized and will be published shortly.  
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Measured Praise for Clean Hydrogen Tax Credit Rules
The IRS has issued final clean hydrogen tax credit rules that balance the contentious and complicated matter well enough that industry and environmental advocates both can find something positive in the details.
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Chesapeake Solar Industry Prepares for Trump 2.0 ‘Solarcoaster’
Washington insiders warn solar developers that Donald Trump and congressional Republicans are coming for tax credits and other clean energy incentives in the IRA.
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What Will Trump’s Victory Mean for US Energy Policy?
Energy industry leaders and analysts discussed what's ahead for the clean energy transition after former President Donald Trump’s victory.
DOE
RFF Report Evaluates Biden Effort to Help Coal Communities
Resources for the Future released a report evaluating the Interagency Working Group on Energy Communities, a Biden administration effort to coordinate federal help to communities that lost jobs and other economic benefits from retiring coal plants and mines.

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