www.bloomberg.com
As tax credits for electric vehicles faded under the Trump administration, US automakers experienced a surge in sales. Now, a similar phenomenon is occurring with rooftop solar and battery tax credits scheduled to expire at the end of the month. Consumers are rushing to take advantage of the incentives before they disappear, driving up demand for these renewable energy technologies. This mirrors the EV market’s response to expiring tax breaks, suggesting a strong consumer sensitivity to these financial incentives in the transition towards cleaner energy.
