Solar's Future in NC Hangs in Balance Over Tax Credit

Aug 26, 2015
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Solar developers are calling on Duke Energy and the General Assembly to continue a tax cut they say is key to their future. When combined with a 30 percent federal tax break, the state’s 35 percent tax credit has propelled North Carolina to become one of the top four states in the country for installed solar capacity, behind only California, Arizona, and New Jersey. That credit is set to end in December. The state House budget includes an extension; the Senate does not.

Source: Wunc Via: Dave DeWitt/WUNC

Solar developers are calling on Duke Energy and the General Assembly to continue a tax cut they say is key to their future. When combined with a 30 percent federal tax break, the state's 35 percent tax credit has propelled North Carolina to become one of the top four states in the country for installed solar capacity, behind only California, Arizona, and New Jersey.

Read more at: Wunc