By PBN Staff
A relatively small piece of the fiscal cliff compromise legislation that passed Congress last week included a one-year extension of the tax credits for renewable energy projects.
Providence-based Deepwater Wind is happy that the credit, as well as the Production Tax Credit, has been extended and is looking into how to qualify for the credits for its planned five-turbine wind farm off the coast of Block Island.
The company long has said that without the credits, the project become far less likely to be built. Do you think that the federal credit is a good use of public funds?