Wind power gets jolt
FOREST PARK - Gov. Bob Taft on Friday announced a new state pilot program to provide $25 million over five years to encourage wind power development in Ohio.
February 27, 2006
by Mike Boyer, Staff Writer
The program, announced during a visit to Magna Machine Co., a metal-cutting plant that makes components for wind turbines, would provide grants of up to 1.2 cents per kilowatt hour for wind power development projects.
The grants would make wind-generated electricity, which traditionally are more expensive that other forms of electric generation, more price competitive.
Large wind-power projects are already eligible for federal tax credits of 1.8 cents per kilowatt hour, and that has spurred wind power development nationally.
"The use of wind power is increasing across the country," Taft said after touring Magna's plant on Southland Road. "It's a... [continue via Web link]