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Expert Insight

The PTC and the Future of the Wind Industry


Date: January 24, 2013 at 1:35 PM

After seeing the Production Tax Credit (PTC) extended through 2013 in the recent “fiscal cliff” legislation, the wind industry is now looking ahead to the tax reform debate. According to E&E Publishing several industry lobbyists are preparing for a renewed push for a longer-term extension of the PTC that would phase out over time. Based on industry analysis of the impact of the PTC, the American Wind Energy Association proposed a six-year tax credit phaseout, which specifies that “The tax credit would start at 100% of the current 2.2 cents a kilowatt-hour for projects started in 2013, and be phased… [more]

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