By the time you read this, the production tax credit (PTC) will have already expired – again. That’s because the PTC – part of an extenders package that President Obama was expected to sign into law as of press time – was made retroactive to the beginning of 2014. In real terms, though, the so-called one-year extension allows wind developers about two weeks to make wind projects eligible for the PTC. Yes, two weeks – that’s barely enough time to shop for a smartphone, let alone qualify a wind project.
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