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PTC Extension

Urge Congress to Pass the Production Tax Credit (PTC) Immediately!

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America needs homegrown energy resources to power the nation, and with our economy struggling, we’re in dire need of American jobs. Wind energy delivers in both of these areas. The renewable energy production tax credit (PTC) is an effective tool to keep electricity prices low and encourage development of proven clean energy projects. However, the PTC expiration is looming and we need to act fast to protect wind industry jobs. 

The US Congress is working on tax legislation right now and it is expected that a tax bill will be finalized by February 29th. As your legislators work on the tax bill, it is crucial that they hear from their constituents about the urgency of including an extension of the PTC in any tax bill that moves forward this month.  

With the uncertainty of the future of the PTC, businesses are hesitant to plan future U.S. wind projects, American manufacturers have seen a drop in orders, and layoffs have already started. For the purposes of our industry, the PTC has already effectively expired. Half of the U.S. wind industry’s workforce is at stake. To preserve tens of thousands of good-paying manufacturing jobs, the wind industry urgently needs Congress to take action to extend the PTC immediately.  

- from the American Wind Energy Association

 
 
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