By voting to pass the 2016 budget, which includes a multi-year extension of the wind energy Production Tax Credit (PTC) and Investment Tax Credit (ITC), Congress secured stability for 73,000 American wind industry workers across all 50 states and private investors helping to grow American wind power. “We’re going to keep this American wind-power success…
CGE Energy commends Congress’ proposed wind & solar tax credit extensions
CGE Energy, an engineer of no capital cost energy solutions, commends Congress for its proposed bipartisan agreement that extends the Investment Tax Credit (ITC) for U.S. renewable energy projects. The ITC was set to expire at the end of 2016. As part of a larger budget deal, Congress voted this week on legislation for a…
Wind energy gains predictability from tax credits’ multi-year extension
The agreement by congressional leaders last night on a multi-year extension of renewable energy tax credits would secure several years of predictable policies that encourage private investment in wind energy, industry leaders said today. “This agreement will enable wind energy to create more affordable, reliable, and clean energy for America by providing multi-year predictability as…
AWEA white paper: PTC has driven progress but the success story is not yet complete
With a two-third reduction in the cost of wind energy over the last six years, the renewable Production Tax Credit (PTC) is on track to achieving its goal of a vibrant, self-sustaining wind industry. That is the remarkable conclusion of analyses by national laboratories, consultants, and other independent experts and summarized in a new white…
AWEA applauds strong bipartisan support for American wind power and renewable tax incentives
The American wind-energy industry praised members of the U.S. Senate Finance Committee for voting overwhelmingly to extend over 50 tax policies through 2016, including the renewable energy Production Tax Credit (PTC) and Investment Tax Credit (ITC) that incentivize the building of more U.S. wind farms. The committee on a final vote of 23-3 reported out…
Bipartisan set of governors urge Congress to pass policy certainty to avoid job loss
Republican and Democrat governors pressed U.S. Senate and House leadership yesterday to extend critically important tax incentives used to grow wind energy and keep good-paying manufacturing jobs here at home. Washington Democrat Gov. Jay Inslee and Iowa Republican Gov. Terry Branstad, Chairman and Vice Chairman respectively of the Governors’ Wind Energy Coalition, co-signed a letter…
AWEA welcomes passage of Ohio tax reform legislation
The American Wind Energy Association (AWEA) issued the following statement on the passage of a bill by the Ohio Legislature that lowers the taxes on wind power that were in place in the state. “This tax reform will encourage wind energy investment in Ohio, and it will create and protect thousands of manufacturing, construction, operations…