AWEA Welcomes PTC Extension

Image: AWEAImage: AWEA
The Production Tax Credit in the U.S. has been extended for another year.

Official Press Release AWEA:

AWEA statement on extension of the Production Tax Credit

Wind Industry Profile of
AWEA statement on extension of the Production Tax Credit

The bill will help wind continue to create jobs and economic opportunities in all 50 states.

The President recently signed into law a spending and tax bill that includes an extension of the wind energy Production Tax Credit (PTC) for one year. The bill also raises the value of the PTC to 1.5 cents/kilowatt hour. AWEA CEO Tom Kiernan offered the following statement: “This bipartisan bill is a major win for American consumers. It means more business for over 500 U.S. factories building wind turbine components, and it means more opportunities for job creation and economic development in the rural communities hosting wind farms,” said Kiernan. “We appreciate that Congress has recognized wind and other renewable's role in building a strong economy... ... More: Official Press Release AWEA

USA, PTC, extension, production tax credit, US, law, wind farm, consumer

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