Tax Credits up to $2.5 million Available
North Carolina offers a tax credit equal to 35% of the cost of eligible renewable energy property constructed, purchased or leased by a taxpayer and placed into service in North Carolina during the taxable year. The credit is subject to various ceilings depending on sector and the type of renewable-energy system. There is a maximum of $2.5 million per installation for all solar, wind, hydro and biomass applications for commercial or industrial facilities, including PV, daylighting, solar water-heating and space-heating technologies. Contact: North Carolina Solar Center, Campus Box 7401, North Carolina State University, Raleigh, NC 27695-7401; 919-515-3954; http://www.ncsc.ncsu.edu
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