Documents Home
View PDF, DOC, PPT, and XLS files on line

Add NWW documents to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

News Watch

Selected Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

U.S. Wind Market Federal Incentives  

Author:  | Economics

January 2011 —

Renewable Energy Production Tax Credit (PTC)
Expiration:  31 December 2012

  • Historically the backbone of US federal support for the wind industry, the PTC provides a production-based tax credit to the owner of a wind project
  • Currently equal to 2.2 cents/kWh and indexed annually for inflation

US Tax Code Section 48, Investment Tax Credit (ITC)
ARRA expanded the Section 48 ITC to be eligible for wind projects
Expiration:  Projects must commence construction by 31 December 2010 and be in-service by 31 December 2012

  • Provides owners of wind projects with the option to claim the ITC up-front for 30% of a wind project’s capital cost in lieu of claiming the PTC
  • ITC option contains multiple rules and limitations unique from the PTC in terms of how and by whom the incentive can be monetized

Department of the Treasury, Extended Cash Grant Option, Bill 1603
Expiration:  Projects must commence construction by 31 December 2011. Placed in service by January 1st 2013

  • Special federal incentive created by ARRA stimulus bill to help alleviate US wind industry reliance on third-party tax equity
  • Allows wind project owners to claim an up-front direct cash payment from the Treasury Department equal to the value of the 30% ITC option
  • As with the ITC, Treasury cash grants will be subject to recapture if the eligible wind project is sold within the first five years of operation

This material is the work of the author(s) indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this material resides with the author(s). As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Queries e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.