“Between projects we’ve originated and acquired, we’re looking to build on the order of 800MW – far more than we’ve built historically,” he says, adding all of it is qualified for the federal renewable electricity production tax credit (PTC). “The delivered price on wind energy on 20-25 year contracts is the lowest we’ve ever seen.”

In many cases, the wind price level is below the avoided cost for the utility – the cost it escapes (capital and operating) by purchasing the energy instead of building and owning a wind farm.

“When