With all the buzz around the fiscal cliff in Congress, something happened that you might’ve missed.
There’s a federal tax credit. It’s called the wind energy Production Tax Credit, and it was about to expire at the end of last year.
At the final hour, Congress extended that tax credit, and President Obama signed the bill.
It now covers wind projects that start construction in 2013.
Peter Kelley, a spokesman for the American Wind Energy Association, says the credit gives tax relief for the first ten years of a wind farm.