U.S. Congress soliciting comments regarding wind PTC

With the current wind energy production tax credit (PTC) expiring at the end of 2012, the U.S. Congress is considering legislation to extend it; the House Ways and Means Committee is soliciting public comment on the PTC.

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The American Wind Energy Association (AWEA, Washington, D.C.) reported on April 24 that the U.S. Congress is soliciting public comment regarding the wind energy production tax credit (PTC).

The current PTC, which provides federal subsidies for wind energy producers, expires at the end of 2012 and is credited for growth of wind farm installations in the U.S. Lack of PTC in the U.S. will lead to slow-down in wind energy installations.

A subcommittee of the House Ways and Means Committee is holding a hearing on April 26 to give members of Congress a chance to speak to extension of the PTC beyond 2012. The committee is accepting written comments from the public through May 10.

Comments must be submitted by e-mail, and instructions as to what is required are specific. Visit act.powerofwind.com/p/salsa/web/common/public/content?content_item_KEY=8785 for instrucitons and to comment on the PTC.