A federal incentive for wind power that’s been a big factor in utility resource acquisitions in Oregon in recent years appears headed for an extension.
The production tax credit for wind is scheduled to expire at the end of this year, but Congressional leaders have included a one-year extension in a budget agreement expected to pass this week, avoiding a government shutdown.
The PTC is a per-kilowatt-hour tax credit that pays out for the first 10 years of a turbine’s operation.
The credit was…