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Wind Energy Tax Credits Extended in Fiscal Cliff Deal

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Many Americans breathed a sigh of relief as Congress passed the fiscal cliff deal on January 1, 2013, which prevented large increases in income taxes. Among these relieved Americans were members of the wind industry, whose business was essentially saved by the extension of the wind energy tax credit. The Production Tax Credit on wind was originally set to end on December 31, 2012, but was extended through 2013 in Tuesday's fiscal deal.

Summary of News: 
The wind energy tax credit was set to expire on December 31, 2012, but was extended to 2013 in the fiscal cliff deal - effectively saving the U.S. wind industry.

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