National Grid today announced plans to invest an estimated $75 billion* across the company’s service territory in the UK and US over the next five years, with nearly half of the funding dedicated to US energy system improvements in Massachusetts and New York.

Massachusetts’ ambitious climate goals are written into state law and require moving to net-zero greenhouse gas emissions by 2050.

HR1 alters most solar-related tax credits from the Inflation Reduction Act, but residential solar cuts are the most abrupt.