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The Journal.

The Uncertain Future of Renewable Energy

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.25.3K Ratings

🗓️ 15 July 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

After the passage of President Trump’s “Big Beautiful Bill,” renewable energy companies are bracing for more challenging times. The law is set to end Biden-era subsidies for clean energy, with the Congressional Budget Office estimating that the industry could lose half a trillion dollars in tax incentives over the next decade. WSJ’s David Uberti reports on the renewable energy pullback. And Annie Minofftalks to a co-owner of a North Carolina-based solar-panel-installation company about what the winding down of subsidies means for his business.  Further Listening: - The Healthcare Costs of Trump’s ‘Big Beautiful Bill’  - How Trump’s Megabill Squeaked Through the Senate  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Graham Alexander has been working in solar energy for a long time.

0:09.5

Been in the industry for about 25 years now.

0:12.1

You were in it before solar panels were cool.

0:14.7

Oh, well before they were cool.

0:16.4

Were you on the roof?

0:17.6

I was on the roof, yep.

0:18.6

All right.

0:19.0

I thought I was a roof guy.

0:20.1

I thought I was just, I was one of the guys that could get up and get things done.

0:24.9

Turns out, I was much better at planning and talking about it than actually doing it.

0:30.6

These days, Graham's more of an office guy.

0:33.8

He co-owns a company called Southern Energy Management.

0:37.2

And so in really simple terms, company called Southern Energy Management.

0:41.7

And so in really simple terms, what does Southern Energy Management do?

0:43.0

Simple terms.

0:43.7

Simple terms.

0:48.0

We are a solar installation company, both residential and light commercial.

0:53.1

We work with the dentist office, the mechanics on the commercial side,

0:55.8

and we work with the homeowners putting solar up on the roofs.

0:57.3

The company also has another line of business, certifying green buildings.

1:02.4

And in the last few years, solar energy and Graham's business have really taken off.

1:07.6

What's exciting is it's growing to the mainstream.

...

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