Combined Heat and Power Partnership
Renewable Energy Equipment Manufacturer Tax Credit
| Date Last Updated | 11/16/2012 |
| Incentive Type | Tax |
| State/Federal | NC |
| Incentive Administrator/Contact Office | NC Department of Revenue |
| Incentive Initiation Date | 1/1/2011 |
| Incentive Expiration Date | 12/31/2013 |
| Incentive Size and Funding Source | In the state of North Carolina a tax credit is available 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% of the eligible costs and must be claimed in five equal annual installments beginning with the year the facility is placed in service. |
| Eligible Recipient | Businesses involved in the manufacturing of renewable energy property. |
| Eligible Fuel | Does Not Specify |
| Eligible Project Size (MW) | Does Not Specify |
| Minimum Efficiency Required (%) | Does Not Specify |
| Resource Website(s) |
