News
Tax credits extended for wind-power firms
Wind-power companies received an early Christmas gift over the weekend when Congress tucked a provision that extended tax credits for green power inside a year-end spending bill.
The 1.9 cent-per-kilowatt-hour tax credit, which was to expire at the end of 2007, was extended an additional year, through 2008.
Wind turbines are most prevalent in Texas, California, Iowa, Minnesota, Oklahoma and Oregon. Locally, wind-power companies have eyed sites in Herkimer, Oneida and Madison counties for development.
December 13, 2006
by Doug Abrahms, Gannett News Service
in uticaOD
Wind-power companies received an early Christmas gift over the weekend when Congress tucked a provision that extended tax credits for green power inside a year-end spending bill.
The 1.9 cent-per-kilowatt-hour tax credit, which was to expire at the end of 2007, was extended an additional year, through 2008.
Wind turbines are most prevalent in Texas, California, Iowa, Minnesota, Oklahoma and Oregon. Locally, wind-power companies have eyed sites in Herkimer, Oneida and Madison counties for development.
This year, the industry will add about 2,750 new megawatts - enough to provide electricity to some 650,000 homes. Wind power has become the largest... [continue via Web link]
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