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House GOP to Put Wind Power Credit Under Microscope

Feb 14, 2013
Source: 
(The Hill)

The wind production tax credit will be the subject of increased oversight this Congress, Rep. James Lankford (R-Okla.) told The Hill on Tuesday.

Congress, with a strong push from the White House, extended the credit for one year in the January deal to avoid the “fiscal cliff.” The renewal included an alteration that allowed wind projects to collect the credit if developers commence construction by 2014, rather than turbines beginning to produce power by that deadline.

It’s a change that will allow more projects to qualify over the next year — and one that’s raising eyebrows on Capitol Hill.