in News Departments > New & Noteworthy
print the content item

Exelon Corp. called the American Wind Energy Association's (AWEA) latest plan on the production tax credit (PTC) "completely unacceptable."

On Dec. 13, AWEA announced it was seeking a one-year extension of the PTC, and in doing so, wrote a letter urging Congressional leaders to phase-out the tax incentive over a period of six years.

The request did not sit well with Chicago-based Exelon, which earlier this year, had its AWEA membership terminated when the association learned that Exelon was in an effort to thwart an extension of the PTC.

"The proposal which the (American Wind Energy Association) has offered for phasing-out the federal wind energy PTC is completely unacceptable," says Joseph Dominguez, Exelon senior vice president for government & regulatory affairs and public policy.

Particularly galling for Exelon is that in the last year of AWEA’s proposal, the PTC would still be available at 60% of its current level.

"AWEA’s proposal should be viewed by Congress as a non-starter for any phase-out discussion," Dominguez continues. "We are especially disappointed by this proposal, given that AWEA previously indicated that a two-year extension would suffice."

IowaDeptEconDevel_id1863

Trachte Inc._id1770
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

WomenofWind_id
JLG_id1900
UEA_id1896
Acciona_id1907
AWEA_id1886
bonfiglioli_id1913