tax credits

Business/Economy
7:01 am
Thu January 3, 2013

Iowa Wind Industry Leaders Praise Extension of Tax Credit

Credit Iowa Wind Energy Association / Facebook

The “Fiscal Cliff” bill signed by President Obama includes renewal tax credits for wind energy. Iowa is third in the nation for wind power production.

Wind energy companies here claim the incentives are essential for the growth of the industry. Harold Prior is the Executive Director of the Iowa Wind Energy Association. He says as the deadline approached without guaranteed renewal, investors were hesitant to start projects.

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