"PTC" Produciton Tax Credit
Allowed to expire in december
Discourage Private investments in the industry
Hinder developments in the industry
increase costs
Remove the 2.2 cent per killowatt tax credit
Increase cost of energy
Reduce demand
Hinder the expansion of the industry as a whole
Prevent new developments
Increase the number of layoffs in the the industry
Increas unemployment
Negative effects on economy
Voted to renew in December
Continuation of 2.2 cent per Kilowatt tax credit
Lower prices and continued affordability
Allow for the continued evolution and expansion of the industry
New developments and lower prices
Bring more private investment for new industry projects
Continued funding for research and development of the industry
Promote the creation of new jobs
New jobs would boost local economies