Official: Planned wind farm OK without tax credit

2014-08-19T07:00:00Z 2014-08-20T15:20:05Z Official: Planned wind farm OK without tax creditThe Associated Press The Associated Press
August 19, 2014 7:00 am  • 

CASPER, Wyo. — The head of the company planning to build 1,000 turbines in Carbon County says the project will proceed with or without federal tax incentives.

Power Company of Wyoming CEO Bill Miller says Chokecherry and Sierra Madre wind farm would benefit from the tax credit, which Congress allowed to expire Jan. 1.

He says electricity generated by the nearly $5 billion facility would be cheaper for utilities and consumers alike if Congress were to renew the credit.

But he said the wind farm will still be commercially viable without it.

There is ongoing debate in Washington over whether to renew the production tax credit.

Advocates say the tax credit is needed to ensure wind's continued expansion. Opponents argue that wind power no longer needs government help.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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