Today, sixty percent of a wind turbine’s value is now produced here in America, compared to 25% prior to 2005.
Unfortunately, if Congress allows the PTC for wind to expire, jobs in the wind industry will be cut in half, meaning a loss of almost 40,000 American jobs. The PTC has effectively expired for the wind manufacturing sector, as PTC uncertainty is making businesses hesitant to plan future US wind projects. American wind manufacturers have essentially zero orders for 2013, and layoffs in the development community have already started. Therefore, Congress must act now to keep this American manufacturing success story going.