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Tax credits extended for wind energy industry

One industry is getting a tax break, thanks to the deal to avert the fiscal cliff – wind energy tax credits were extended in the bill that passed Congress yesterday. More than 75,000 people are employed by the industry and the extension is expected to create more than 37,000 jobs and revive business at nearly… Continue Reading Tax credits extended for wind energy industry

Colorado Senators Mark Udall and Michael Bennet have introduced a new bipartisan bill to extend tax credits for the wind energy industry. The American Wind Energy Association supports the bill, and believes it also shares strong bipartisan support in the House of Representatives. “Immediate extension of the PTC (Production Tax Credit) is critical in order… Continue Reading Bennet, Udall sponsor bill to reinstate wind energy credits

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Just as the General Assembly considers bills to end tax credits for businesses, the state’s business councils and advocates are descending on the Colorado Capitol to make their voices heard. Representatives from Colorado Springs, Denver, Aurora, the National Federation of Independent Businesses and the Colorado Competitive Council will be holding a rally tomorrow to protest… Continue Reading Colorado businesses to rally at Capitol

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Colorado to benefit from DOE grants

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Six Colorado companies will receive a share of $2.3 billion in clean energy manufacturing tax credits from the Department of Energy, as part of the American Recovery and Reinvestment Act. The money will be used to build more energy-efficient buildings, and create more wind, solar and fuel cell power. The Colorado projects are part of… Continue Reading Colorado to benefit from DOE grants

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Philharmonic receives Enterprise Zone status

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The Colorado Springs Philharmonic has been granted Enterprise Zone status by the state of Colorado – a designation that means donations will given state and federal tax credit. Under the new designation, the out-of-pocket costs of a $10,000 donation could be reduced to less than $3,600, because of a 25 percent tax credit that applies… Continue Reading Philharmonic receives Enterprise Zone status

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