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Wind PTC extended in Fiscal Cliff Deal

By on January 4, 2013

The Production Tax Credit for wind energy was extended through 2013 as part of the deal congress and the Obama Adminstration reached on the fiscal cliff. The PTC was given a 1-year extension, though a crucial change will allow all projects that begin construction in 2013 to receive the tax credit of 2.2 cent per kilowatt hour. Previously, a project was required to be completed and in operation to qualify for the PTC. 

Read more about the PTC extension here

Tags:  ptc
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