At the Iowa State Fair Friday, Republican U.S. Sen. Chuck Grassley posed for photos at the Power Up Iowa exhibit with renewable energy developers, technicians and advocates.
Grassley is often called the “father of wind energy” for introducing the first federal wind energy production tax credit, which took effect in 1993.
“I’m really pleased with the way things have worked out,” Grassley said.
Today, around 60% of Iowa’s net generation of electricity comes from wind energy. It’s the highest share of any state. While solar represents a much smaller percentage, the sector has rapidly grown in recent years with the help of tax credits — mostly notably from the Inflation Reduction Act (IRA) of 2022.
The IRA expanded tax credits for renewable energy projects and extended many of the credits for a decade or more.
The version of the One Big Beautiful Bill Act that first passed in the U.S….
