Support the American Renewable Energy PTC Extension Act of 2011

Help extend the wind industry’s top policy driver, the federal production tax credit (PTC), for four years. Encourage your representative to cosponsor H.R. 3077, The American Renewable Energy Production Tax Credit Extension Act of 2011.

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

Facing the threat of the PTC expiring, wind project developers are hesitant to plan future U.S. projects and American manufacturers have seen a marked decrease in orders. Job layoffs have already begun. The wind industry is facing the recurrence of the boom-bust cycle it saw in previous years when the PTC was allowed to expire. In the years following expiration, installations dropped by between 73 and 93 percent, resulting in significant job losses.

The PTC is a tax incentive that helps keep electricity rates low and encourages development of proven clean energy projects. The PTC will expire in 2012 unless Congress takes action. Failure to extend the PTC will lead to thousands of job losses and put the brakes on the vast progress we’ve made as a nation toward making clean, affordable, homegrown wind energy part of the U.S. electricity portfolio.

Expansion of Renewable Energy Procurements Equals Savings

RENEW urged the Massachusetts General Court’s Joint Committee on Telecommunications, Utilities and Energy to raise utility procurements of renewable energy pursuant to the Green Communities Act of 2008 from a minimum of 3 percent to at least 9 percent of utility demand by 2016 in order to meet the requirements of Massachusetts’ Renewable Portfolio Standard in the most cost-effective manner. By doing so Massachusetts consumers will, based on the recent analysis of the Department of Public Utilities using three recent procurements conducted by utility NSTAR, save $1 million per megawatt of installed renewable capacity or approximately $1 billion to meet the incremental 1,000 megawatts needed to fulfill the 2016 requirements.

RENEW Urges Sensible Wind Siting Reform in Massachusetts

Significant barriers to the siting of wind turbines are holding back Massachusetts’ ability to capitalize on economic development opportunities explain the New England Clean Energy Council and RENEW in an opinion piece in the Cape Cod Times. The Massachusetts legislature has before it bills to improve Massachusetts’ wind permitting process to allow the Commonwealth to meet its potential in wind energy.
Read it here.

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