Donald J Trump is headed back to the White House and the Senate majority will switch to the Republicans in January 2025. House Republicans have narrowly held on to their majority.
Here’s what President Elect Trump’s said at the New York Economic Club back in early September, “To further defeat inflation, my plan will terminate the Green New Deal, which I call the Green New Scam. The greatest scam in history . . .”
Trump went on to threaten rescinding “all unspent funds under the misnamed Inflation Reduction Act.”
Whether or not to believe him is up to you, but all the signs are pointing to a U-turn on support for renewable energy, and especially any incentives that were put in place during the Biden/Harris administration. That included the 30% Federal Investment Tax Credit for purchases of solar energy equipment and energy storage systems. When the Inflation Reduction Act was passed into law on August 16 of 2022, it was meant to extend those tax benefits for a full ten years. But based on the campaign promises of the newly elected team, it seems likely that the IRA’s wings will be severely clipped, if it is not gutted entirely, and if Trump fully follows through on his rhetoric, those tax benefits could be rescinded as soon as 2025.
Meanwhile, the United Nations recently announced that progress towards reducing global greenhouse gas (GHG) emissions ground to an absolute halt in 2023, while the toll for climate disasters in the United States alone so far this year has topped $53 Billion. And that’s not counting the hundreds of lives lost.
This adds up to one thing: If you or your company have considered solar energy as a way to reduce your electric bills and make a positive impact on the environment, NOW is the time to act, before the incentives are reduced, and while you can make the most impact.
Here’s how you can start the process.
The system works exactly as they described it would. This company’s honesty is the main reason why I chose to go green with them.
Accord Power has been with me the entire time. Now 4 + years. There was an issue with a panel but it was repaired as quickly as possible even though there were supply chain issues. Happy with them and all their assistance, especially Ryan. Better than paying JCP&L.
Over the last five years, I’ve had the pleasure of working with Accord Power on more than a dozen innovative solar and storage projects in New York City, primarily on multifamily affordable housing. Their team is organized, communicative, and solution-oriented. Whether it’s a straightforward ballasted installation or a rooftop canopy with an energy storage system, they always go the extra mile and get the job done right.
The team was excellent, they walk the extra mile to make sure everything was completed correctly, work with me to accommodate any extras or not extras!! Thank you, Melida
Accord Power made going solar seem effortless. They responded to all of my questions very quickly and made me feel confident in the process. There was a personal touch every time I had to talk to someone at this company!
Accord Power was highly professional throughout the process. They helped me understand every aspect of my system and guided me to the best solution. I would recommend going solar with them because of their honesty and expertise!
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