Letter: Preserve renewable energy tax credit

June 16, 2025

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As a lifelong Mainer and ReVision Energy co-founder, a Maine- headquartered solar company, I’ve experienced how responsible energy policy drives job creation, lowers costs and builds energy independence. That’s why I joined 30-plus businesses urging Sen. Susan Collins to protect federal tech-neutral energy tax credits at risk in Congress.

These credits support good-paying jobs in solar, energy storage and energy efficiency. They allow families, municipalities, schools and small businesses to invest in cost-efficient energy, hedge against rising prices and help Maine reduce the $4 billion it spends annually on oil and gas.

The tax credits at risk — 48E, 25D and 25C — support commercial and residential projects. 48E covers commercial solar, storage and residential leases; 25D helps households own solar and batteries; and 25C supports energy efficiency upgrades. Together, these provisions help support 15,000 jobs across 62 companies in Maine. Maine has over $6 billion of private investment at stake if these tax credits are eliminated.

Ending them abruptly would kill projects, slow economic growth and hurt communities. Stripping these tools from Maine families and businesses would jeopardize job creation and drive-up energy costs. 

Our employee-owners are hardworking Mainers with families to support. They’re building a resilient, affordable energy infrastructure and energy independent Maine, but due to an unstable business environment caused by policy uncertainty over the past six months, ReVision had to part with incredibly talented co-owners. 

We respectfully ask Collins to support a reasonable phase-down of these vital credits. Protecting them means protecting Maine jobs, businesses and families. 

Phil Coupe
Co-Founder
ReVision Energy 

South Portland