Wind Energy Subsidy May Be Renewed After Election, Adviser Says
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The U.S. probably will extend incentives for the wind energy industry regardless of whether President Barack Obama or the Republicans win the election in November, a former adviser to the Senate Finance Committee said.
Dean Zerbe, managing director at Alliantgroup, a Houston-based tax consulting services firm, said in an interview that the Production Tax Credit probably will be renewed by lawmakers after the vote or early next year. The wind credit, due to expire in December, grants an incentive worth 2.2 cents a kilowatt-hour of power produced.