Martha MuirJul 5, 2026 – 5.14pmNew York | US companies are facing a sharp increase in green energy costs as the Trump administration halts renewable tax credits at the same time as cash-rich data centres are snapping up the available supply.According to a survey of solar and wind developers across the US by LevelTen Energy, a clean energy marketplace, the cost of clean energy power purchase agreements (PPAs) is set to increase by between 40 per cent and 120 per cent once Inflation Reduction Act subsidies for solar and wind projects end.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles