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Energy Law

Feb. 18, 2012

Wind energy fails to get extension on tax credit

The American Wind Energy Association announced Thursday that it was not able to get a much sought-after tax credit extension that would have benefited the wind energy industry.


By Paul Jones


Daily Journal Staff Writer


The American Wind Energy Association announced Thursday that it was not able to get a much sought-after tax credit extension that would have benefited their industry into legislation.


The Production Tax Credit is a 2.2 cents per-kilowatt hour tax credit given to renewable power project developers once their projects are online and generating electricity. Efforts to extend the credit had been incorporate...

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