A coalition of 21 Republican lawmakers has urged the U.S. House Committee on Ways and Means to safeguard clean energy tax credits enacted under the previous administration to protect substantial private sector investments in domestic energy production and infrastructure.

The lawmakers, reinforcing their commitment to the administration’s America First national energy dominance initiative, highlighted the necessity of continued energy expansion and innovation to bolster national security and secure energy independence.

The Republican lawmakers emphasized that the U.S. continues producing energy from a diverse range of cleaner and more efficient sources than elsewhere globally. They reiterated their long-standing belief in an all-of-the-above energy approach, which, combined with the advanced manufacturing sector, will reinforce the nation’s role as a global energy leader.

The letter stressed the importance of sector-wide energy tax credits, which have historically enjoyed broad bipartisan support in Congress. These credits have allowed numerous American companies to invest substantially in domestic energy production and infrastructure, benefiting both traditional and renewable energy sources.

However, concerns are rising within their constituencies and the energy industry regarding potential changes to the nation’s energy tax structure.

Many of these tax credits were established over ten years, providing energy developers the necessary stability to plan projects and allocate capital efficiently. The lawmakers warned that premature phase-outs of these credits or restrictive measures such as limiting transferability could disrupt critical investments, increasing energy costs for American consumers.

With energy demand continuing to surge, any actions that impede the deployment of new energy production risk triggering an energy crisis, potentially resulting in significantly higher power bills for households nationwide.

In their letter, the Republican lawmakers pointed out that energy credits offering passthrough benefits to ratepayers provide immediate relief on utility bills. Repealing such credits could lead to almost instantaneous increases in utility costs.

The House Republicans emphasized that as they work to make energy prices more affordable, any tax reforms leading to higher energy costs for hardworking Americans would contradict these efforts.

Furthermore, affordable and plentiful energy remains crucial to the President’s broader initiatives to bring manufacturing and supply chains back to the United States. The letter noted that Republican-led states benefit significantly from policies encouraging growth in the energy sector.

While the lawmakers acknowledged that the tax code has several inefficiencies that warrant reform, they stressed the need for targeted and pragmatic revisions. These changes should align with conference priorities without undermining private-sector investments crucial for expanding domestic manufacturing, fostering energy innovation, and maintaining low utility costs.

Soon after assuming office, President Donald Trump issued a raft of executive orders seeking to reverse his predecessor’s climate and energy agenda. One order directed federal agencies to immediately pause the disbursement of funds through the landmark Inflation Reduction Act, which proposed spending millions of dollars to promote clean energy.