Udall backs extending wind energy PTC

U.S. Sen. Mark Udall, D-Colo., is pushing to extend the production tax credit for wind energy providers in Colorado before the end of the year.

His effort comes with a new budget proposal that was brought through the Senate earlier this week.

The tax credit extension would continue a program that provides 2.2 cents in tax credits for every kilowatt-hour produced by wind turbines.

Colorado currently has 1,526 turbines and is ranked 10th for the number of utility-scale wind turbines, according to the American Wind Energy Association.

This subsidy is what keeps the wind industry in the United States functioning and relevant, Udall said.