Message from AWEA CEO Denise Bode regarding attacks on 1603 Program

Recently a number of news stories and politically motivated TV ads have run across the country that falsely attack policies critical to keeping Americans working in wind power -- a bright spot in the economy, which has kept 85,000 Americans working during the recession. These stories and campaign ads have challenged renewable energy tax credits (the 1603 tax credits) which have been one of the most effective public policies in existence for saving American jobs. In the recession, project development and financing was difficult to obtain and costly. Many wind projects in mid-development could not complete financing. As a result, wind investment stalled with some projects stopping mid-construction; laying off construction workers and leaving wind towers and blades on the ground. The 1603 tax credit program restarted stalled projects and saved thousands of jobs at risk. Every job saved was an American job. 100% of projects that receive investment tax credits through 1603 are built in the U.S. as required by the Recovery Act. The program also supports America’s growing manufacturing and supply chain industries. U.S. wind turbine domestic manufacturing has grown 12-fold, with an increase in domestic content from 25% only a few years ago to over 50% now, and nearly 400 American manufacturing facilities making wind components. Full Press Release.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

US Battery - Solar RE L16XC Renewable Energy Battery

US Battery - Solar RE L16XC Renewable Energy Battery

Our batteries have Xtreme thick plates with (XC Diamond Plate Technology) added to them. They have been designed for hours of heavy discharge each day, followed by a fast recharge during the daylight hours. Very few batteries can take the grueling deep discharge-recharge cycle every day for long periods of time. U.S. Battery has proven time and time again that our solar battery line can stand up to this type of battery torture day in and day out for years to come. When you demand reliable energy storage count on U.S. Battery every time!