Illinois’ taxing model for wind energy companies is touted as one of the best in the country, bringing in $30.4 million in property taxes in 2016, according to economic experts.
A complex system of federal and state tax credits has played a key role in the development of wind farms across the United States, with billions of dollars of support going to foreign and U.S. energy companies.
Investment in U.S. wind energy production has increased tenfold over the past decade with the help of billions of dollars in federal tax help, with foreign companies making up much of the increase.
