Desert Sun: A one-year extension of a key tax credit for the wind industry made it into the fiscal cliff deal the U.S. Senate and House passed on Tuesday. The tax credit, which has been a major driver for wind development across the U.S. over the past two decades, is worth 2.2 cents per kilowatt-hour of energy produced by new wind installations for their first 10 years of operation. A White House news release confirmed that the production tax credit extension is included in the Senate package that the...
URL: http://www.mydesert.com/article/20130101/BUSINESS01/301010039/-Fiscal-cliff-deal-includes-extension-tax-credit-wind-industry
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