"Exelon to Employees: Tell Congress to End Wind Tax Credit"

"Nuclear power giant Exelon is telling its employees to lobby Congress to end the production tax credit for wind power, which will expire at month’s end unless lawmakers vote to extend it."

"In a letter dated Nov. 28 and obtained by the Alley on Wednesday, Exelon’s corporate communications office explains to employees how the PTC is hurting the company and encourages employees to tell Congress to end the tax credit.

As Exelon’s executives have said publicly in recent months, the letter states that the PTC is distorting electricity markets where Exelon’s nuclear fleet operates the most, including the Midwest. Exelon is the only major utility speaking out loudly against the tax credit."

Amy Harder reports for the National Journal December 12, 2012.

Source: National Journal, 12/14/2012