Production Tax Credit

Steel workers and green industry representatives met today to discuss the future of sustainable resources in the United States.

The panel discussed ways of getting a younger generation of energy leaders and producers, as well as the federal government, more committed to developing a clean economy.

Some believe dependable Production Tax Credits (PTC) could be the answer.

Companies that produce wind, geothermal and other types of renewable energy are eligible for a PTC, which provides a 2.2-cent per kilowatt-hour benefit for the first ten years of operation.