Story by Fox 9 Minneapolis St. Paul | Aired Live on July 7, 2025
TruNorth Solar CEO Marty Morud was featured in this story on the impacts of the Big Beautiful Bill on the Minnesota Energy and Solar Industries.
To summarize, the new budget bill signed by President Trump is expected to have significant negative impacts on Minnesota, leading to a projected $2.7 billion increase in home energy bills and the loss of 23,000 jobs. The bill eliminates tax credits for green energy, which were previously established by the Inflation Reduction Act of 2022.
This shift is anticipated to hinder the growth of Minnesota’s green energy sector, despite its rapid growth and current employment of over 60,000 people. While the bill benefits the fossil fuel industry, its positive effects on Minnesota are expected to be minimal due to the state’s limited number of oil refineries and coal power plants. Clean energy advocates and utility boards have expressed concerns about the economic setback and increased financial burden on households.
Despite it all, TruNorth Solar remains steady, positive, and ready to help anyone interested learning more about solar energy for their home. Please contact us before it’s too late to get the tax credit!
Click play below to watch the video.