Policy & Politics

Wind Projects Step Up Before Tax Credits Run Out

Wind developers are pushing to complete wind projects in before the end of 2012 in advance of the possible expiration of a federal incentive, the wind production tax credit (PTC). Under current law, projects that begin operating prior to the end of 2012 are eligible to receive a 2.2-cent PTC for each kilowatt hour of generation over a 10-year period.