Tell Your Representative to Support the Production Tax Credit
UPDATE: March 2014... There's still a chance to revive the Production Tax Credit!
Though the Production Tax Credit (PTC) for wind energy expired at the end of the 2013, members of Congress are working to bring it back. On March 21, 144 representatives and senators sent letters to their colleagues urging the PTC's renewal.
“Like all businesses, the wind industry seeks certainty and predictability so that long-term project decisions and investments can be made,” wrote Sens. Chuck Grassley (R-Iowa) and Mark Udall (D-Colo.), along with 24 other senators. “Without that stability, we once again risk losing many of the jobs, infrastructure and investment that the wind industry has created.”
The renewable energy Production Tax Credit (PTC) has been a major driver of the growth of wind power in the United States. At the end of 2012, Congress almost let the program expire before extending it for just one year as part of the "fiscal cliff" negotiations. But last-minute saves and short-term extensions are ineffective in boosting clean energy. Wind farms require 18 to 24 months for project planning, and North American Wind Power reports that the 2012 delay and brief extension resulted in only 1.6 MW of wind power installed in the first six months of 2013 - the capacity equivalent of one turbine.
That's why this year we're asking you to join us in demanding that Congress implement a meaningful extension of the Production Tax Credit -- for ten years or more. Keeping the PTC in place will protect American wind installation and manufacturing jobs, keep the US competitive in the worldwide clean energy market, reduce US greenhouse gas emissions, and prevent air and water pollution from coal and natural gas.
Tell Congress today that we need to renew the PTC.