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Bipartisan Calls: Senators, Representatives Urge PTC Extension

Carl Levesque, AWEA
February 29, 2012  |  3 Comments

The push for a Production Tax Credit (PTC) extension continued on Capitol Hill with bipartisan contingents in both the House and Senate recently calling for action.

U.S. Sens. Mark Udall (D-Colo.), Jerry Moran (R-Kan.) and 10 colleagues from both parties wrote to Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) Wednesday urging swift action on extension of the wind energy production tax credit (PTC).

Also, recently four U.S. Representatives from the Illinois congressional delegation signed a letter to the leadership of the House and Senate calling for “a short-term Production Tax Credit extension for wind energy at the earliest opportunity in the first quarter of 2012.”

In addition to Udall and Moran, the Senate letter was signed by Sens. Michael Bennet (D-Colo.), John Boozman (R-Ark.), Tom Harkin (D-Iowa), Chuck Grassley (R-Iowa), Tim Johnson (D-S.D.), John Hoeven (R-N.D.), John Kerry (D-Mass.), Scott Brown (R-Mass.), John Thune (R-S.D.), and Jon Tester (D-Mont.).

“An extension of the wind production tax credit should provide for some long-term stability while setting forth a path for how the wind industry can move towards a market-based system. While it is clear that the wind industry currently requires tax incentives like the production tax credit to compete, Congress needs to provide the wind industry with the stability and predictability to plan for the future,” wrote the Senators.

A House bill seeking to extend the PTC has 70 cosponsors, including 18 Republicans. This legislation has received the endorsement of a broad coalition of more than 370 members, including the National Association of Manufacturers, the American Farm Bureau Federation, the Edison Electric Institute, and the Western Governors’ Association. A PTC extension also has the support of the U.S. Chamber of Commerce and the bipartisan Governors’ Wind Energy Coalition, which includes 23 Republican and Democratic Governors from across the U.S.

Last week, an extension of the PTC was not included in the high-profile payroll tax legislation. (No business tax extensions of any kind were included in the final package.) Wind power advocates are urging extension as soon as possible because, while the PTC expires at the end of the year, members of the industry supply chain are already being affected due to the uncertainty, particularly given that turbine orders are placed many months in advance.

Carl Levesque is the communications editor at AWEA. This article first appeared in the AWEA Windletter and was reprinted with permission from the American Wind Energy Association.

3 Comments

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Bob "The Clean Energy Guy" Mitchell
Bob "The Clean Energy Guy" Mitchell
March 2, 2012
Rolf: I would be all in favor of "weening" off the dole, but only if fossil fuels "weaned" themselves off of it too! And while they are at it, why don't they give up the favorable tax treatment and military support. Hell, why don't they start paying for the health care and environmental costs that are incurred by society, but not included the cost of a ton of coal or a barrel of oil?

When you factor these costs in to the price of fossil fuels, renewable energy is a bargain!

Bob "The Clean Energy Guy" Mitchell
rolf westgard
rolf westgard
March 2, 2012
It's time to wean wind off the dole. Let's can this expensive subsidy boondoggle for a noisy inefficient energy source.
Bob "The Clean Energy Guy" Mitchell
Bob "The Clean Energy Guy" Mitchell
February 29, 2012
I hate to be skeptical, but I can't help but think that this uncertainty is being inflicted on the wind markets on purpose. Uncertainty raises costs and hinders progress, which means that fossil fuels get to hang on for another day!

Signs of a tortured soul....wind is the future, but big oil and coal finance my campaign....hmmmmmm? what to do? what to do?

Bob "The Clean Energy Guy" Mitchell

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Carl Levesque

Carl Levesque

Carl is Editor & Publications Manager at the American Wind Energy Association, where has worked since 2006. At AWEA he oversees AWEA's online and print publications including the Wind Energy Weekly, Windpower Update, and other products....
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