Funding Resources
Funding Resources
| NC Renewable Energy Equipment Manufacturer Tax Credit | |
|---|---|
| Type of Incentive | Tax |
| Eligible States | NC |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas |
| Eligible Project Size | |
| Critical Information | North Carolina provides a tax credit for costs incurred in the construction or retooling of a facility to manufacture renewable energy property or "a major component subassembly for a solar array or wind turbine". Eligible costs include construction and equipment costs specifically associated with the manufacture of eligible equipment. The credit is worth 25 percent of the eligible costs and must be claimed in five equal annual installments beginning with the year the facility is placed in service. |
| Start Date | 1/1/2011 |
| End Date | 12/31/2013 |
| Minimum Efficiency (%) |
|
| Additional Information | This tax credit is only available for facilities constructed or retooled between January 1, 2011 and December 31, 2013 |
| Web Site |
http://www.dsireusa.org/incentives/ incentive.cfm?Incentive_Code=NC91F¤tpageid=3&EE=1&RE=1 ![]() |
| Additional Web Site |
http://www.dor.state.nc.us![]() |
| Primary Contact |
Taxpayer Assistance - NC DOR Post Office Box 25000 Raleigh, NC (877) 252-3052 |
![[logo] US EPA](http://www.epa.gov/epafiles/images/logo_epaseal.gif)
