AWEA happy with PTC extension
It was down to the wire, but the wind energy production tax credit (PTC) was extended by Congress. The American Wind Energy Association (AWEA) says that the renewed extension will give the tax credits to wind projects that start during the year 2013, regardless of when they complete construction. The former PTC was applicable only to projects that were completed and operational before the end of the year. Read the RECHARGE article.