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What is the PTC?

Congress enacted the Wind Production Tax Credit (PTC) in 1992 as a temporary measure for an “infant” industry. After propping up the wind industry for more than two decades, the PTC should be eliminated. Subsidized wind power increases electricity costs, harms taxpayers, and destabilizes the electric grid. It is most beneficial to wealthy wind developers who are able to reduce their tax rate at the expense of the rest of the taxpayers and ratepayers. It is past time to end corporate welfare for the mature wind industry.

Latest Posts

Wind Lobby’s Incoming Chairman Spins the Facts

  • 06/02/16
  • Chris Warren
  • Wind
A recent Utility Dive article examines how the wind industry might cope without the wind Production Tax Credit (PTC), which is designated to expire in five years. The wind PTC is a subsidy that pays wind producers a significant sum just for producing wind energy. The Institute for Energy Research (IER) has outlined the ill...
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Key Vote: NO on Omnibus Spending Bill

  • 12/17/15
  • AEA
  • Wind
As Congress considers a massive $1.1 trillion omnibus spending bill, coupled with a $650 billion tax extenders package, the American Energy Alliance urges all members to vote against any legislation that extends the wind Production Tax Credit (PTC), the solar Investment Tax Credit (ITC), and fails to prohibit funds from being repurposed to the Green Climate Fund. According...
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Hillary Clinton’s Reverse Robin Hood Tax Code

  • 12/16/15
  • AEA
  • Wind
Today, multimillionaire presidential candidate Hillary Rodham Clinton held a “grassroots event” with billionaire investor Warren Buffett. The subject was tax reform, one Buffett knows well. The Berkshire Hathaway CEO owns a sprawling enterprise of businesses employing an army of lobbyists and accountants to exploit opportunities to make money at taxpayer expense. Buffett does not hide...
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