PHOENIX (AZFamily) — Included in the more than 900-page U.S. Senate budget bill are proposed changes that could have a significant impact on one of Arizona’s fastest-growing industries: clean, renewable energy.

A recent report from Climate Power found that Arizona has seen nearly $12 billion in investments in clean energy since 2022, but there are fears those investments could soon be lost.

“The cuts in solar and wind renewable energy tax credits. This is basically all the energy that we now add to the grid every year, and my Republican colleagues want to take this away,” said Sen. Mark Kelly (D-AZ).

Included in the current version of the ‘One Big Beautiful Bill’ are rollbacks of clean energy incentives, including tax credits. On June 21, President Trump posted on social media that Green Tax Credits were a “giant scam.”

The proposed changes also include a new tax for future solar and wind energy developments.

“It’s just going to be less of us doing it because this is a hard industry when it’s getting impacted so drastically at the federal level,” said Joy Seitz, CEO and owner of American Solar & Roofing.

In the last few weeks, Seitz has visited Washington, D.C., multiple times to advocate for clean energy. She doesn’t mince words about what’s at stake for the industry.

“Mass destruction,” she said.

The Arizona Corporation Commission reports that wind and solar generation in Arizona has increased by 187% over the last decade, with 43% of our in-state electricity now generated by clean energy sources.

Bob Keefe, the Executive Director of E2, agrees with Seitz that these proposed changes in the U.S. Senate budget bill could devastate the clean energy industry.

“What’s at risk is jobs, investments, American competitiveness, electricity costs for all of us. You know, some studies show, several studies have shown, that electricity prices will increase by 7 to 10 percent for consumers and 15 percent or more for businesses if these policies are rescinded,” he said.

Seitz says her small business is prepared for the worst, but she’s still hoping for the best.

“It’s just going to be less of us doing it because this is a hard industry when it’s getting impacted so drastically at the federal level,” she said.

President Trump has set a self-imposed deadline of July 4 to pass and sign the bill.

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