Production Tax Credit Fact Sheet
The Production Tax Credit (PTC) is a proven job creator that is essential to the growth of the American wind industry. We need to take action now to extend the Production Tax Credit, save jobs, and compete in the global clean energy economy.
The Production Tax Credit is a 2.2 cent per kilowatt tax credit for the production of electricity from utility scale wind turbines for the first ten years of production. Established under the Energy Policy Act of 1992 and renewed several times, the credit is set to expire in December 2012.
The Production Tax Credit (PTC) is a proven job creator that is essential to the growth of the American wind industry. We need to take action now to extend the Production Tax Credit, save jobs, and compete in the global clean energy economy.