[lewislynn]

a federal production tax credit of 2.3 cents per kilowatt-hour that applies to every kilowatt of power produced. And that means that even if wind operators give the power away or offer the system money to take it, they still receive a tax credit equal to $23 per megawatt-hour

If that's such a good business plan they should just give their electricity away or pay you to use it all the time.

I guess the author thinks getting tax credits with no or negative earnings is money in the bank.

I'm also wondering who was paid the $8.52 per megawatt hour by the producer(s).

[okie01]

I'm also wondering who was paid the $8.52 per megawatt hour by the producer(s).

ERCOT

[EEGator]

T Boone Pickens?

[SeeSharp]

I guess the author thinks getting tax credits with no or negative earnings is money in the bank.

Failure to grasp simply economic principles is the very definition of a liberal. But hey! Don't worry. They'll make it up in volume.

[tbw2]

All the utilities that promise that 100% of their power is wind, 20% green, etc.

[PapaBear3625]

If that's such a good business plan they should just give their electricity away or pay you to use it all the time. I guess the author thinks getting tax credits with no or negative earnings is money in the bank.

If you have a regular business which generates profits, and have some wind-power on your property, those tax credits can be useful.