January 3, 2013

Post PTC, Wind Faces New Questions

Mark del Franco, North American Windpower


National Review

President Barack Obama has officially signed H.R.8, the American Tax Payer Relief Act, into law. While the sweeping legislation helped extend unemployment insurance and make permanent the Bush-era tax cuts, it also extended for one year the set-to-expire wind energy production tax credit (PTC), as well as the investment tax credit (ITC), which is important for offshore and community wind.

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TAGGED: Production Tax Credit, Fiscal Cliff, President Obama, Wind Power Developers, Wind Power, Windmills, Wind Energy

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