Wind Energy Production Tax Credit Extension Approved by Congress
By: Karl Wehmhoener
Updated: January 2, 2013
AMARILLO -- Congress has extended the wind energy tax credit in the bill to avert the fiscal cliff.
The extension of the wind energy Production Tax Credit (PTC), and Investment Tax Credits for community and offshore projects, will allow continued growth of the energy source that installed the most new electrical generating capacity in America last year, with factories or wind farms in all 50 states.
The extension is expected to save up to 37,000 jobs.
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