Reaching an investment breakeven point will take 43% longer if the Senate Finance Committee’s proposal to gut rooftop solar tax credits goes through, said the company.

Solar stocks slid after Senate Republicans detailed revisions to the House's tax-and-spending bill that included fully phasing out wind- and solar-tax credits. The Senate's plan would see credits phased out from 2026,

Shares of solar-power companies were tumbling Tuesday after the U.S. Senate’s proposed a plan to phase out solar tax credits by 2028 as part of President Donald Trump’s so-called big, beautiful budget bill.