I don’t know that that is what is says but it may.
From the report:
“The Production Tax Credit (PTC) for wind
power was scheduled to expire at the end of
December 2012. At the last minute, as part of
the “fiscal cliff” negotiations over the federal
budget, Congress passed the American
Taxpayer Relief Act which, among other
things, extended the PTC to all wind facilities
that ‘start construction’ by year-end 2013.1
The change in language from the wind plant
being required to be ‘in service’ to simply
requiring it be ‘under construction’ will allow
wind projects completed in 2014 and 2015 to
qualify for the subsidy, so long as a small
amount of expense is incurred in 2013.2 The
one-year renewal is projected to eventually
cost the federal budget more than $12 billion
in revenue. 3”
Correct me if I’m wrong but those prices of $25-35/MWh price range, FLAT over a 25 year period you quoted don’t include taxpayer subsidies and tax credits that the companies receive, do they?
If not it seems those selling prices would be much higher.
No, the prices are what the utility pays the wind farm. The wind farm investor then seeks the $0.023/kWh PTC from the Feds against their quarterly tax liability to enhance the "after-tax" return of the project over an average 20 year period.
Much like the price of oil or other forms of energy don't include all the subsidies those industries receive - it's baked into what you pay but at the investor level.
Again, a tax "credit" is not the same as actual taxpayer money spent by Mordor. It's tax revenue forgone, which Mordor thinks was theirs to begin with anyway.