David Ward 
Member since Dec 9, 2014

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Re: “The answer is blowing in the wind

Thanks to common-sense, successful policies like the renewable energy Production Tax Credit (PTC), American wind power provides enough power for 18 million homes.

That growth has spurred the creation of 73,000 well-paying jobs (on average over five years) supported by wind power and an average of $17.3 billion dollars in added private investment to our economy.

Adding to that great return on investment is the creation of a brand new domestic manufacturing sector with 500 factories in 43 states. By continuing this successful policy, we can keep this blue-collar manufacturing jobs in the U.S. and produce more of our own energy right here at home.

Rapidly-scaling up wind power also helps create consumer savings, as utilities flock to add more to their portfolio at fixed prices for up to 20-25 years and hedge against uncertain fuel costs. It's like having a fixed-rate mortgage instead of an adjustable-rate mortgage. In fact, a May 2013 Synapse Energy Economics report found doubling the use of wind in the Mid-Atlantic and Great Lake states would save consumers close to $7 billion a year.

To learn more about the benefits of wind power with the PTC in place, visit http://www.awea.org/Advocacy/content.aspx?ItemNumber=797

David Ward, AWEA

1 like, 1 dislike
Posted by David Ward on 12/09/2014 at 12:22 PM

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