Kansas Liberty posts Tax incentive for wind energy producers set to expire.
This post explains that without subsidy, wind power generation facilities will likely not be built. Supporters of these tax credits, which are payments from the federal government through the tax system. These payments, termed “incentives” by their supporters, make wind power economically feasible. Without it, wind power wouldn’t be built.
These incentives come with a cost. Calling them tax credits makes it seem, to many people, that there is no cost in granting them. But there is. See Wind Production Tax Credits Aren’t Free of Cost.
Further, even with the production tax credits, wind power costs. Westar, our local electric utility, is requesting a rate increase partly because of the costs of wind power generation. See Kansas Electric Rates Increase Because of Wind Power Generation.