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Wind Tax Credits Pass With Fiscal Cliff Bill

The tax credits will benefit E-on Climate and Renewables and juwi, two energy companies building wind farms in Indiana.

Wind Turbine

Photo: Jennifer Tomaloff (Flickr)

There are currently hundreds of wind turbines in northern Indiana, with many more planned for construction.

The extension of wind energy tax credits as part of the ‘fiscal cliff’ bill is good news for wind farm developers in northwest Indiana.

E-on Climate and Renewables completed the first of four phases of what could eventually be the largest wind farm in North America last fall. The tax credits will benefit both E-on, and juwi, which is constructing a wind farm in Tipton County.

A release from E-on says its Tipton and Madison County wind farm can provide electricity for more than 60,000 households.

According to a recent report from the Department of Energy, by 2030, about 20-percent of American energy could come from wind power.

Dan Goldblatt

Dan Goldblatt is the Multi-media Producer for WFIU/WTIU News. A graduate of Indiana University, he studied journalism and anthropology. He currently lives in Bloomington with his cat, June Carter.

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