President Bush Signs Bill Extending Production Tax Credit Clearing the Way for Windfarm Projects in ...

Oct 6, 2004 - Business Wire

Industrialinfo.com, Houston Mike Bergen, 713-783-5147

 

Researched by Industrialinfo.com (Industrial Information Resources Inc.; Houston). Yesterday, in Des Moines, Iowa, President George W. Bush signed into law a middle-class tax bill (H.R. 1308) that included an extension of the Federal Production Tax Credit (PTC) for renewable energy sources. PTC provides a 1.5 cent/kWh tax credit to producers of energy generated by wind and biomass sources.

 

For details on this development including an analysis of planned wind farm projects in the U.S. view the entire article at www.industrialinfo.com.

 

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