The U.S. House of Representatives has already gone on vacation back to their districts and the Senate effectively adjourned for 2013 on Friday, meaning that the one-year extension of the Wind Production Tax Credit (PTC) will expire on January 1, 2014. The PTC is a $0.022 per kilowatt-hour tax credit on the power that new wind farms in the United
Thanks To Congress, 2014 Will Bring Uncertainty For The Wind Industry
Though the oil, gas, and coal industries will continue to get billions in tax breaks in the coming year, the federal credit for wind power is set to expire January 1, 2014.