Wind Director Happy On PTC Passage But Says Damage Is Already Done



 The Production Tax Credit for Wind Energy was extended for another year as part of the fiscal cliff deal and farm bill extension. 

However, South Dakota Wind Energy Executive Director Ron Rebenitsch says because it took so long for lawmakers to renew the credit program it cost the industry with the loss of many potential projects.  

He also says the year to year extension of the tax credit doesn’t provide enough certainty or time for developers to advance viable projects.

Rebenitsch says they’ll continue to work with the state’s Congressional delegation to push for programs and incentives that provide more certainty for wind investors.



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