U.S. Wind Power Manufacturers Slowly Get Back to Work With Extension of
Production Tax Credit, an Industrial Info News Alert
SUGAR LAND, TX -- (Marketwired) -- 05/28/13 -- Written by John Egan
for Industrial Info Resources (Sugar Land, Texas) -- Companies that
manufacture equipment for the U.S. wind power industry are slowly
getting back to work, thanks in part to the extension of the federal
Production Tax Credit (PTC). The PTC, extended earlier this year,
provided a tax credit of 2.2 cents per kilowatt-hour of electricity
produced for a period of 10 years, assuming construction of a
windfarm begins by the end of 2013. Another factor bringing employees
back to factories is state renewable portfolio standards (RPS).
Other companies featured: General Electric Company (NYSE:GE), NextEra
Energy Incorporated (NYSE:NEE), Berkshire Hathaway (NYSE:BRK-A)
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