Uncategorized

Iowa coalition calls on Congress to renew PTC

Iowa coalition calls on Congress to renew PTC

Sixty-five groups and individuals from Iowa, including a number of very prominent organizations such as the University of Iowa and Iowa State University, recently signed onto a joint letter to the state's Congressional delegation urging action on an extension of the federal wind energy Production Tax Credit (PTC).

The letter urged the legislators to “keep Iowans working and to continue promoting Iowa’s economic development, energy security and clean affordable electricity … ” It added, “Thousands of Iowans depend on the wind industry to support their families through construction, manufacturing, operations and maintenance jobs. In addition, land owner easement payments to farmers exceed $11 million annually and are extremely important in trying economic times. Economic conditions have been made even more difficult by the drought conditions that threaten this year’s crop production.”

Others joining the effort included the Iowa Chamber Alliance, the Iowa Farm Bureau, the Iowa State Building and Construction Trades Council, the Iowa Association of Community College Presidents, the Iowa Wildlife Federation, and many more.

The text of the letter follows:

September 13, 2012

The Honorable Charles Grassley
United States Senate
135 Hart Senate Office Building
Washington, DC 20510

The Honorable Steve King
United States House of Representatives
1131 Longworth Office Building
Washington, DC 20515

The Honorable Tom Harkin
United States Senate
731 Hart Senate Office Building
Washington, DC 20510

The Honorable Tom Latham
United States House of Representatives
2217 Rayburn Office Building
Washington, DC 20515

The Honorable Bruce Braley
United States House of Representatives
1727 Longworth Office Building
Washington, DC 20515

The Honorable David Loebsack
United States House of Representatives
1527 Longworth Office Building
Washington, DC 20515

The Honorable Leonard Boswell
United States House of Representatives
1026 Longworth Office Building
Washington, DC 20515

Dear Iowa Congressional Delegation,

We, the undersigned groups and individuals, write to urge you to keep Iowans working and to continue promoting Iowa’s economic development, energy security and clean affordable electricity by immediately extending the renewable energy production tax credit (PTC). Action is needed to prevent expiration of the PTC at the end of this calendar year. Aided by the PTC, Iowa was the first state to generate almost 20 percent of its electricity from wind. Wind supports as many as 7,000 Iowa jobs, and millions in annual land lease payments to Iowa farmers. Iowa wind has also prompted $300 million in private investment in Iowa manufacturing facilities.

The wind industry in Iowa has diversified our rural economy. Since 1992, 2,978 wind turbines have been installed on 104 utility scale and community scale wind farms. Iowa now has 4,322 MW of electric generation capacity and 450 MW are under construction. This represents nearly $5 billion funneling through Iowa’s economy. Thousands of Iowans depend on the wind industry to support their families through construction, manufacturing, operations and maintenance jobs. In addition, land owner easement payments to farmers exceed $11 million annually and are extremely important in trying economic times. Economic conditions have been made even more difficult by the drought conditions that threaten this year’s crop production.

It is vital that Congress act now to avoid the looming tax increase on wind energy, as the economic damage has already begun. Without the certainty of the PTC, developers are cancelling projects because they cannot get financing. Consequently, manufacturers are faced with little or no orders for 2013. Layoffs have started.

Congress has the opportunity to stop further job losses and to halt economic deterioration in Iowa and throughout the nation. The payroll tax legislation now being debated in the both the Senate and the House offers a vehicle to extend the PTC. We respectfully request that an extension of the PTC be included in any tax overhaul policy.

This is not a partisan issue; it’s an Iowa jobs issue. We cannot as a state or as a country afford to let the PTC expire. With low taxes, wind power can continue to generate tremendous benefits – in jobs, investment and clean energy — to Iowa and the nation.

Sincerely,

Allen, Chaz – Jasper County Economic Development Corporation
Arthur J. Gallagher Risk Management Services
ASFCME
Anemometry Specialists, Inc.
Beckman, Susan – Siemens Energy, Inc.
Cedar Rapids Metro Economic Alliance
Cherokee Area Economic Development Corporation
Cherokee Industrial Corporation
Clean Air Muscatine
Clipper Wind, LLC
Conley, Elizabeth – Clean Line Energy Partners
Des Moines Area Community College
Dowding Industries of Iowa, LLC
Eastern Iowa Community College
EDP Renewables North America, LLC
Environmental Law and Policy Center
Geier, Michael G. – Snyder and Associates, Inc.
Greater Des Moines Partnership
Green State Solutions
Hawkeye Community College
Herrick, Chad – Atkins
Iberdrola Renewables
Indian Hills Community College
Iowa Association of Community College Presidents
Iowa Central Community College
Iowa Chamber Alliance
Iowa Environmental Council
Iowa Farm Bureau
Iowa Interfaith Power and Light
Iowa Lakes Community College
Iowa Move to Amend
Iowa Policy Project
Iowa Renewable Energy Association
Iowa Solar and Small Wind Energy Trade Association
Iowa State Building and Construction Trades Council
Iowa State University
Iowa Valley Community College
Iowa Western Community College
Iowa Wildlife Federation
Iowa Wind Energy Association
I-RENEW
Janssen, Dan – City of Sibley
Jones, Doug – Clean Line Energy Partners
Kirkwood Community College
Midwest Wind Resources
Northeast Iowa Community College
North Iowa Community College
Northwest Iowa Community College
Perrin, Brenda – Cherokee
Progress Iowa
Physicians for Social Responsibility-Iowa Chapter
Public Interest Research Group
RENEW Energy Maintenance, LLC
Southeastern Iowa Community College
Southwestern Community College
Stoffregen, Philip – BrownWinick
Sundblad, Phil – Crosswind Energy, LLC
Tipton, Sheila K. – Blein McCormick, P.C.
Transition Des Moines
University of Iowa
University of Northern Iowa
Vestas-American Wind Technology, Inc.
Western Iowa Tech Community College
Wind Consulting
Zinc Air, Inc.

The PTC provides an income tax credit of 2.2 cents per kilowatt-hour for the first 10 years of electricity production from utility-scale wind turbines. It is set to expire on Dec. 31 unless Congress extends it first. A recent study by Navigant Consulting found that extending the Production Tax Credit will allow the industry to grow to 100,000 jobs in just four years, while an expiration would kill 37,000 jobs within a year.

A House bill seeking to extend the PTC has 110 cosponsors, including 25 Republicans, while a similar Senate bill is cosponsored by seven Senators, including three Republicans.  PTC extension efforts have received the endorsement of a broad coalition of more than 370 members, including the National Association of Manufacturers, the American Farm Bureau Federation, the Edison Electric Institute, and the Western Governors’ Association. A PTC extension also has the support of the U.S. Chamber of Commerce, the National Governors Association, and the bipartisan Governors’ Wind Energy Coalition, which includes 23 Republican and Democratic Governors from across the U.S.  A PTC extension has been endorsed by a number of newspapers across the country, including the Des Moines Register, the Denver Post, the Daily Oklahoman, the Toledo Blade, the Houston Chronicle, the San Antonio Express-News, the Philadelphia Inquirer, the Chicago Sun-Times, and The New York Times.

Further endorsements of the wind energy production tax credit.

Related articles:

New round of layoffs underscores urgency of action on PTC, September 13, 2012
NRDC: Typical wind farm supports nearly 1,100 jobs: PTC inaction hurts employment, September 12, 2012
'It's the economy, stupid': Why Iowa needs a wind PTC extension, September 11, 2012
NW Power Council member: Wind is 'important economic driver', September 10, 2012
Pa. state legislator: PTC extension will 'create jobs, support communities', September 6, 2012
Colorado mom: Extending PTC 'not a political issue', September 5, 2012
Philadelphia Inquirer backs extension of wind credit, September 4, 2012
Minnesota newspaper on PTC: 'Uncertainty is a killer', August 24, 2012
Opinion: What critics of wind power's incentive miss, August 23, 2012
Bloomberg endorses extension of PTC, August 22, 2012
Iowa newspaper: 'Don't target wind energy', August 21, 2012
Opinion: For many reasons, Congress should extend tax credit, August 20, 2012
Montana leaders continue wind tradition, support PTC, August 17, 2012
Chicago Sun-Times backs PTC extension, August 16, 2012
San Antonio Express-News: 'Keep wind power incentives in place', August 15, 2012
Clarifying the dollars involved in wind energy's tax credit, August 14, 2012
Iowa newspaper: 'Don't end PTC too soon', August 14, 2012
Iowa newspaper endorses extension of PTC, August 13, 2012
Sen. Grassley: PTC has been 'successful,' should be extended, August 10, 2012
Denver Post calls for quick action on PTC extension, August 8, 2012
Rep. Noem to visit technical school, discuss PTC extension, August 7, 2012
Des Moines Register: 'Wind tax credits should be extended', August 7, 2012
Why extending the PTC is good policy, August 6, 2012
Bipartisan group of Senators urges support for PTC extension, August 3, 2012

PTC advances in U.S. Senate with overwhelming bipartisan support, August 3, 2012
FERC chair: Letting PTC expire could have 'devastating' impact, August 2, 2012
Udall's 13th PTC speech examines its impact on Idaho, August 1, 2012
Public opinion watch: New poll: Iowa voters not likely to support anti-wind candidate, July 31, 2012
Wind companies anxiously await PTC extension, July 30, 2012
In 12th address on PTC, Sen. Udall focuses on Illinois, July 27, 2012
Wind energy key for Keystone State, former Pa. official says, June 26, 2012
Thousands of North Carolina jobs at stake as PTC expiration nears, July 25, 2012
More wind industry factory visits, another plea for PTC extension, July 24, 2012
Pioneering community college hopes for PTC extension soon, July 23, 2012
S.D. blade manufacturer sees success imperiled by delay in extending PTC, July 20, 2012
Connecting the dots: PTC uncertainty threatens wind's benefits to Illinois economy, July 19, 2012
Opinion: Renew wind tax credit, July 18, 2012
Why tax credits are critical to wind for growth, July 17, 2012
DOE official: PTC has generated 'innovation, jobs', July 16, 2012
Small business bill stalls; PTC extension not considered
, July 13, 2012
Bennet, Moran, Udall continue bipartisan push for wind energy tax credit, July 12, 2012
Steelworkers call for extension of 'vital' PTC, July 11, 2012
Multi-billion-dollar wind farm won't expand in 2013 without PTC extension, July 10, 2012
As Congress delays PTC extension, Gamesa announces furloughs, July 9, 2012
Pew program director calls PTC 'wildly successful,' urges extension, July 6, 2012
S.D. technical school president on edge about PTC extension, July 3, 2012
Boulder Chamber of Commerce backs PTC extension, July 2, 2012
As Congress delays in extending PTC, some wind developers take aim at Canada, June 29, 2012
18 House freshmen, including 16 Republicans, petition leadership for immediate PTC extension, June 28, 2012
Sierra Club's Hamilton backs PTC, American jobs, June 27, 2012
Loebsack receives USA Wind Jobs Champion award, urges PTC extension, June 26, 2012
Bode: Extend wind incentive now, June 25, 2012
Pueblo Chieftain backs Udall on PTC campaign, June 22, 2012
Leading House Republican calls for PTC extension, June 21, 2012
Iraq vet: PTC, wind energy make America safer, June 20, 2012
CEO, environmentalist call for PTC extension, June 19, 2012
Bingaman: Inconsistent U.S. energy policy leads to competitive disadvantage, June 18, 2012
Minnesota's Rep. Walz seeks PTC extension, cites 'homegrown American jobs,' June 15, 2012
Microsoft, Sprint join growing list of companies calling on Congress to extend PTC, June 14, 2012
With daily speeches, Sen. Mark Udall goes to bat for PTC extension, June 13, 2012
Kansas City Star: Gov. Brownback right to call for PTC extension, June 12, 2012
Aberdeen News, Pacific Coast Business Times join call for PTC extension, June 11, 2012
Sierra Club launches 'Wind Works' campaign, June 5, 2012
Fiberglass supplier worries about PTC extension, June 2, 2012
Pennsylvania newspaper joins in growing call for PTC extension, June 1, 2012
Sec. Salazar, Montana Gov. Schweitzer call for PTC extension, May 30, 2012
WindTV: ZF Wind Power's Georgia plant generates gearboxes and jobs, May 29, 2012

PTC extension passes milestone: 100 cosponsors in U.S. House, May 25, 2012

CEO cites wind power's benefits in urging PTC extension, May 24, 2012
As expiration of PTC nears, two major Pennsylvania wind projects cancelled, May 18, 2012
Support tax credit to help Ohio wind industry, May 16, 2012
PTC extension can avert boom and bust, May 15, 2012
Iowa newspaper endorses wind PTC extension, May 14, 2012
Toledo Blade becomes latest newspaper to endorse PTC extension, May 11, 2012
PTC, wind power bring cost savings to Iowa utility customers, May 10, 2012
N.Y. port sees action due to wind power, PTC, May 9, 2012
Tax payments to S.D. counties illustrate impact of wind tax credit, May 8, 2012
PTC extension part of 'all of above' policy, says sponsor Reichert, May 7, 2012
PTC extension: Why the stakes are so much bigger this year, May 4, 2012
Sen. Bennet: Congress 'not doing job' on PTC extension, May 3, 2012
Veterans training co. officer: PTC extension good for vets, economy, May 2, 2012
NW policy group: PTC helps lead to clean energy future, April 30, 2012
Congressman Thompson, veterans, industry experts call for PTC extension, April 27, 2012
Layoffs in U.S. wind power accelerate as Congress fails to act on PTC extension, April 26, 2012
Submit a comment to the House Ways & Means Committee: Extend the PTC immediately!, April 25, 2012
High-tech component manufacturer calls for PTC extension, April 24, 2012
Union leader: Earth Day is also about jobs, and a PTC extension, April 23, 2012
New graphics reveal impact of impending PTC expiration on wind industry, April 20, 2012
'Think globally, act locally': News items underscore PTC and manufacturing jobs, April 19, 2012
Senator Levin visits Michigan wind component maker, urges PTC extension
, April 18, 2012
Wind power drives strong interest in U.S. renewable electricity generation
, April 17, 2012
WindTV: WINDPOWER in Atlanta, spotlighting PTC expiration risk to manufacturing growth
, April 16, 2012
AWEA Annual Market Report underscores need for PTC extension
, April 13, 2012
Iowa city prospers, hopes for PTC extension
, April 12, 2012
Denver Post editorial writer: PTC extension 'important to nation, Colorado,'
April 11, 2012

From Nevada, Michigan, Montana: Calls for PTC extension
, April 10, 2012

Sierra Club, BP agree: Extend the PTC, April 9, 2012
South Dakota newspaper joins others in endorsing PTC
, April 6, 2012
National Governors Association: Extend the PTC
, April 6, 2012
Sen. Bennet tours factories, pushing jobs and PTC extension
, April 5, 2012
WindTV Holiday Special: Church lives mission with wind power
, April 4, 2012
Montana county commissioners call for PTC extension
, April 3, 2012
'Father of PTC' explains wind incentive's value
, March 30, 2012
Citing 'all of above,' former FERC chair urges PTC extension
, March 29, 2012
Manufacturers tell Senate panel: PTC extension urgently needed
, March 28, 2012
WindTV: Colorado county gets big boost from wind power
, March 26, 2012
Former Congressman Boucher sees PTC extension likely
, March 26, 2012
WindTV: Wind power breathes new life into small Colorado town
, March 21, 2012
Citing need for certainty, BP's Landis calls for PTC extension
, March 20, 2012
In op-ed, Kansas Governor, Senator call for PTC extension
, March 19, 2012
Bipartisan group of Senators introduces bill to extend PTC
, March 16, 2012
Houston Chronicle editorial supports PTC extension
, March 15, 2012
Southern Alliance head urges: Extend the PTC
, March 14, 2012
WindTV: Missouri manufacturer grows with the wind
, March 12, 2012
Oklahoma and America need wind technicians–and a PTC extension
, March 8, 2012
WindTV: An American family, powered by a paycheck from wind
, March 5, 2012
Salazar, citing 'race we cannot cede', backs extending PTC
, March 1, 2012
Kerry, Brown win praise for bipartisan support of PTC extension
, February 29, 2012
Wichita Eagle editorial blog endorses PTC extension
, February 28, 2012
Daily Oklahoman: PTC extension “makes sense,”
February 27, 2012
Bipartisan group of Illinois Representatives supports PTC extension
, February 24, 2012
Kansas City Star backs PTC extension, praises Brownback, Moran
, February 23, 2012
Bennet visits composites factory, urges PTC extension
, February 23, 2012
Moran visits Siemens factory, pushes PTC extension
, February 22, 2012
WindTV: PTC key to wind power manufacturing jobs
, February 21, 2012
Topeka Capital-Journal: Extend the PTC
, February 21, 2012
U.S. Rep. Steve King (R-IA): PTC is jobs engine conservatives should support
, February 17, 2012
Bennet, Moran continue bipartisan push to extend PTC
, February 16, 2012
Major U.S. consumer brands like Nike on extending the PTC: Just Do It!
, February 15, 2012
Oklahoma Gov. Fallin urges conferees: Extend the PTC
, February 15, 2012
Michigan worker's plea: Extend PTC, help wind power create U.S. jobs
, February 13, 2012
Bipartisan letter from entire Iowa Congressional delegation urges: Extend the PTC
, February 10, 2012
Senate Energy Chairman Bingaman: Act now to save clean-energy jobs
, February 9, 2012
Bipartisan letter from Colorado Congressional delegation urges: Extend the PTC
, February 8, 2012
Republican governors push for PTC extension; Senators express support
, February 2, 2012
U.S. Chamber of Commerce joins broad range of groups endorsing PTC extension
, February 1, 2012
WindTV: Wind power drives commerce in small-town America
, January 24, 2012
Denver Post endorses PTC extension 'sooner rather than later'
, January 18, 2012
WSJ op-ed: 'Want Growth? Try Stable Tax Policy'
, January 5, 2012
Red State Energy, Red State Jobs
, November 29, 2011

 

Uncategorized

More in Uncategorized

Into the Wind provides the latest news and expert opinion from the American Wind Energy Association (AWEA).

1501 M Street, NW, Suite 900 | Washington, DC 20005

Phone: 202.383.2500 | Fax: 202.383.2505

Sitemap | Privacy | Terms of Use

Copyright 2020 American Wind Energy Association. All Rights Reserved.