Forecast rise in monthly residential energy bills attributed to reduced IRA's federal tax credits in the United States in 2030 and 2040, by select state
(in U.S. dollars)
Characteristic
2030
2040
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Texas and New York are expected to see notable increases in monthly residential energy bills following a rollback of federal tax credits for clean energy, previously expanded by the Inflation Reduction Act (IRA). A projection from 2025 suggests that residents in Texas could see their monthly energy bill rise by ** U.S. dollars until 2030, compared with the 2023 average. This is largely due to the state's large number of onshore wind and solar projects that would be affected by tax credit losses.
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Aurora Energy Research. (February 12, 2025). Forecast rise in monthly residential energy bills attributed to reduced IRA's federal tax credits in the United States in 2030 and 2040, by select state (in U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1559155/impact-of-us-ira-rollback-on-residential-energy-bills/
Aurora Energy Research. "Forecast rise in monthly residential energy bills attributed to reduced IRA's federal tax credits in the United States in 2030 and 2040, by select state (in U.S. dollars)." Chart. February 12, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1559155/impact-of-us-ira-rollback-on-residential-energy-bills/
Aurora Energy Research. (2025). Forecast rise in monthly residential energy bills attributed to reduced IRA's federal tax credits in the United States in 2030 and 2040, by select state (in U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1559155/impact-of-us-ira-rollback-on-residential-energy-bills/
Aurora Energy Research. "Forecast Rise in Monthly Residential Energy Bills Attributed to Reduced Ira's Federal Tax Credits in The United States in 2030 and 2040, by Select State (in U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 12 Feb 2025, /statistics/1559155/impact-of-us-ira-rollback-on-residential-energy-bills/
Aurora Energy Research, Forecast rise in monthly residential energy bills attributed to reduced IRA's federal tax credits in the United States in 2030 and 2040, by select state (in U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1559155/impact-of-us-ira-rollback-on-residential-energy-bills/ (last visited August 01, 2026)
Forecast rise in monthly residential energy bills attributed to reduced IRA's federal tax credits in the United States in 2030 and 2040, by select state (in U.S. dollars) [Graph], Aurora Energy Research, February 12, 2025. [Online]. Available: /statistics/1559155/impact-of-us-ira-rollback-on-residential-energy-bills/