Take action to urge your representative to cosponsor production tax credit
The federal production tax credit (PTC), wind energy's primary policy tool to promote U.S. wind development, is set to expire at the end of 2012. The PTC has been allowed to expire on multiple occasions in the past, and at those times, wind energy installations have dropped by as much as 93% from the previous year, leading to a boom-bust cycle for the wind industry. On November 2, 2011, Representative Reichert (R-WA-08) and Representative Blumenauer (D-OR-03) introduced a bill to extend the renewable energy production tax credit.
America needs homegrown energy resources to power the nation and with our economy struggling, we're in dire need of American jobs. Wind energy delivers in both of these areas. The PTC has been instrumental in helping the wind industry to:
- Lower the cost of wind power by more than 90%
- Foster economic development in all 50 states
- Manufacture components for wind turbines at over 400 U.S. manufacturing facilities
- Power the equivalent of 10 million American homes
Please take a moment to e-mail your representative and urge him or her to co-sponsor The American Renewable Energy Production Tax Credit Extension Act of 2011, a bill that will drive the growth of clean, affordable, homegrown American wind power.
Email Subject: Please cosponsor H.R. 3307
Text of Message:
As your constituent, I urge you to cosponsor The American Renewable Energy Production Tax Credit Extension Act of 2011, a bill to extend the production tax credit (PTC) for four years.
The PTC is set to expire at the end of 2012, and it is urgent that it be extended before the end of this calendar year. With the current threat of the PTC's expiration, wind project developers are not making plans in the U.S. and American manufacturers are not receiving orders. Job layoffs have already started. The wind industry is facing the recurrence of the boom-bust cycle it has seen in previous years when the PTC was allowed to expire. In the years following expiration, installations dropped between 73 and 93%, with corresponding job losses. I don't want to see this happen again
Equipped with the PTC, the wind energy industry has contributed impressively to U.S. economic development. The PTC has been instrumental in helping the wind industry to:
- Lower the cost of wind power by more than 90%
- Manufacture components for wind turbines at over 400 U.S. manufacturing facilities
- Power the equivalent of 10 million American homes
- Provide 35% of all new U.S. power capacity in the past four years
The next few years are critical to ensure that properly sited wind energy is a viable part of a balanced domestic electricity portfolio. I encourage you to demonstrate that you support homegrown American wind power and the economic opportunities that it creates by cosponsoring The American Renewable Energy Production Tax Credit Extension Act of 2011.
