BigWind doesn’t need a Christmas present!!

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This takes very little of your time to send a message to Congress. Please do not miss this opportunity to give them a piece of your mind…

Congress is once again working on a tax extenders plan that includes a multi-year extension of the wind Production Tax Credit (PTC).

This tax credit, which expired last year, is a massive handout to large corporations to build and operate industrial wind facilities.

But you can help stop it by contacting your Republican leadership today!

The subsidy is so large that a two-year extension alone could transfer $10 billion over the next decade from taxpayers to the companies who get the credit.

And many of the largest PTC recipients are foreign-owned energy conglomerates that have grown accustomed to handouts.

With subsidies drying up abroad, they’re turning to U.S. taxpayers to keep the spigot open.

Should Congress move forward with this deal, it will come as an early Christmas present to large, multinational corporations like GE at the expense of taxpayers everywhere.

This is why we must act now to stop Congress from extending this costly taxpayer-funded subsidy for the wind industry.

And you can take action right now by sending an email to your Republican leadership today! (click the link below)

Together, we will make it clear to our elected officials in Congress that they either stand on principle, and with the American people, or with industrial wind lobbyists and President Obama.

Thank you for your support!

Sincerely,

Tom Pyle
President of the American Energy Alliance

Source: Stand Against Corporate Welfare

The road to American electrical blackouts is paved with wind turbines

Even though this article was written in April of 2014, it is still incredibly pertinent today.  This administration is heavily pushing renewable energy on the American citizen, through EPA rules and regulations- spoken about just last week by our President. Congress is, again, considering the renewal of the Wind Production Tax Credit.  The assaults on our energy grid are endless. Please educate yourselves and share your knowledge with friends and your legislators. We must now allow this to happen.  We do not want to someday say, “I told you so!”….

Last winter, bitterly cold weather placed massive stress on the US electrical system ― and the system almost broke. On January 7 in the midst of the polar vortex, PJM Interconnection, the Regional Transmission Organization serving the heart of America from New Jersey to Illinois, experienced a new all-time peak winter load of almost 142,000 megawatts.

Eight of the top ten of PJM’s all-time winter peaks occurred in January 2014. Heroic efforts by grid operators saved large parts of the nation’s heartland from blackouts during record-cold temperature days. Nicholas Akins, CEO of American Electric Power, stated in Congressional testimony, “This country did not just dodge a bullet ― we dodged a cannon ball.”

Environmental policies established by Congress and the Environmental Protection Agency (EPA) are moving us toward electrical grid failure. The capacity reserve margin for hot or cold weather events is shrinking in many regions.

What industry pays customers to take its product? The answer is the U.S. wind industry. Wind-generated electricity is typically bid in electrical wholesale markets at negative prices. But how can wind systems operate at negative prices?

The answer is that the vast majority of U.S. wind systems receive a federal production tax credit (PTC) of up to 2.2 cents per kilowatt-hour for produced electricity. Some states add an additional credit, such as Iowa, which provides a corporate tax credit of 1.5 cents per kw-hr. So wind operators can supply electricity at a pre-tax price of a negative 3 or 4 cents per kw-hr and still make an after-tax profit from subsidies, courtesy of the taxpayer….

Capacity shortages are beginning to appear. A reserve margin deficit of two gigawatts is projected for the summer of 2016 for the Midcontinent Independent System Operator (MISO), serving the northern plains states. Reserve shortages are also projected for the Electric Reliability Council of Texas (ERCOT) by as early as this summer.

The United States has the finest electricity system in the world, with prices half those of Europe. But this system is under attack from foolish energy policies. Coal-fired power plants are closing, unable to meet EPA environmental guidelines. Nuclear plants are aging and beset by mounting losses, driven by negative pricing from subsidized wind systems. Without a return to sensible energy policies, prepare for higher prices and electrical grid failures.

Americas power grid at the limit: The road to electrical blackouts | The Daily Caller.

BigWind costs the US taxpayer MORE $ when they produce MORE energy? YES

Fox Business reports that the states with the largest use of wind power have the highest utility bills. They note private investors are encouraged to hold on to their own money while the government (you and me) provides the life support for wind through the Production Tax Credit.    The outcome of the election may pull the plug on the PTC.   Enter the League of Conservation Voters.  Fox reports “It would be an understatement to say that the outcome of the 2014 elections is important for wind energy producers. In an effort to see PTC friendly Harry Reid as Majority Leader,the wind industry has essentially turned the League of Conservation Voters (LCV) into their own personal Trojan horse.

Much of the LCV leadership has deep ties to the wind energy:

•       Tom Kiernan, CEO of the American Wind Energy Association (AWEA) serves as the Treasure of the LCV.

•       Peter Mandelstam, former AWEA board member and founder of Green Sails wind energy company also serves on the LCV board.

Unsurprisingly, much of the LCV’s campaign activities have been aimed squarely at renewal of the PTC. The organization brags  that it will spend over $25 million supporting pro PTC candidates  and attacking their opponents before November elections. Should LCV’s campaign fail, loss of the PTC could prove fatal to some wind companies. 

We have seen Ohio LCV hand at work in Ohio with LCV support of Rep. Mike Duffey (R-Columbus) who opposed SB 310.  We are quite certain that we shall see more of the Ohio LCV as the legislature’s Study Committee gets up and running…. 

…For government-backed industries such as wind energy, the relationship is directly the opposite — the more they produce, the more it costs ratepayers and taxpayers. Recent analysis shows that states with the largest use of wind power have the highest electricity bills. Such factors have caused private investors to largely bypass wind companies and leave them largely dependent upon the government for their survival.

Wind energy companies rely heavily upon a government construct known as the “Production Tax Credit” (PTC) to support their bottom lines. The PTC is a federal program that provides billions of dollars annually to subsidize renewable energy facilities such as wind farms. Generally speaking a clean technology facility receives a tax credit for 10 years after the date the facility is placed in service with the tax credit amount ranging from $0.23 per kilowatt-hour (kWh) for wind to $0.011 per kWh for qualified hydroelectric….

It is presumed that a GOP controlled Congress would see the PTC on the chopping block in 2015 and a Democrat-controlled Congress will fight for renewal.

It would be an understatement to say that the outcome of the 2014 elections is important for wind energy producers. In an effort to see PTC friendly Harry Reid as Majority Leader, the wind industry has essentially turned the League of Conservation Voters (LCV) into their own personal Trojan horse.

Much of the LCV leadership has deep ties to the wind energy:

•       Tom Kiernan, CEO of the American Wind Energy Association (AWEA) serves as the Treasure of the LCV.

•       Peter Mandelstam, former AWEA board member and founder of Green Sails wind energy company also serves on the LCV board.

Unsurprisingly, much of the LCV’s campaign activities have been aimed squarely at renewal of the PTC. The organization brags  that it will spend over $25 million supporting pro PTC candidates  and attacking their opponents before November elections. Should LCV’s campaign fail, loss of the PTC could prove fatal to some wind companies.

As Warren Buffet recently told his loyal investors, “I will do anything that is basically covered by the law to reduce Berkshire’s tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit. “…

It May be Lights Out for the Wind Energy Come the Midterms | Fox Business.