Ben Collard, director of renewables at George F White, said he was advising his clients to set rent on land used for a wind turbine at ten per cent of the estimated income.
They project that the failure to renew the wind production tax credit, which is set to expire on December 31, could cause the wind turbine market to contract by 80 percent, putting tens of thousands of jobs in jeopardy.
Driven by falling turbine prices and the rush to take advantage of production tax credits (which were set to expire but were renewed by Congress in early January), wind energy was the fastest growing source of new electricity generation in the United States in 2012.