Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by pandnh4on Sep 18, 2012 11:38am
160 Views
Post# 20379823

RE: RE: RE: Looks like tax crdit will be .......

RE: RE: RE: Looks like tax crdit will be .......

Correct, so any projects that go into operation before the end of this year are good for a 10-year tax credit.  If the PTC lapses, then anything installed and in operation next year gets no tax incentive.  However, projects that were installed in time before the end of 2012 are safe for 10 years, even if the PTC isn't ever renewed.  If it is renewed though for an extra year, for example, then any project which goes into commercial operation before the end of 2013 would get a 10-year tax credit.  That's how this works - only new projects for future installation (after this year) are affected by the pending PTC-renewal.

<< Previous
Bullboard Posts
Next >>