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Tax Credits for US Solar Energy Component Manufacturers

This act introduces new tax credits for companies manufacturing solar energy components in the United States. The goal is to support local production and grow the renewable energy sector, potentially leading to wider availability and lower prices for solar panels for citizens. This could make installing solar systems in homes and businesses more affordable.
Key points
Companies producing solar panels, cells, wafers, polysilicon, inverters, and solar tracker structural components in the US will receive tax credits.
The credit amount varies by the type and capacity of the component produced, encouraging diverse domestic manufacturing.
The credit program will gradually phase out after 2028 and fully end after 2030, providing a timeframe for industry development.
All components eligible for the credit must be produced within the United States or its possessions.
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Additional Information
Print number: 117_S_3091
Sponsor: Sen. Ossoff, Jon [D-GA]
Process start date: 2021-10-27
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Solar Energy Manufacturing for America Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3091.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-10-27.

What are the main provisions?

Key points include:

  • Companies producing solar panels, cells, wafers, polysilicon, inverters, and solar tracker structural components in the US will receive tax credits.
  • The credit amount varies by the type and capacity of the component produced, encouraging diverse domestic manufacturing.
  • The credit program will gradually phase out after 2028 and fully end after 2030, providing a timeframe for industry development.
  • All components eligible for the credit must be produced within the United States or its possessions.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Ossoff, Jon [D-GA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Taxes Environment Economy