Governor McCrory Signs Bill to Support New Renewable Energy Projects | Eastern NC Now

Raleigh, N.C. - Governor Pat McCrory took action on Senate Bill 372 today, which extends the tax credit for renewable energy projects in the state.

ENCNow
Press Release:

    Raleigh, N.C. - Governor Pat McCrory took action on Senate Bill 372 today, which extends the tax credit for renewable energy projects in the state.

    "I am pleased to sign Senate Bill 372 to bring new renewable energy projects online in North Carolina," said Governor McCrory. "Renewable energy is an important part of an all-of-the-above energy policy that produces clean power, creates jobs and generates revenue in communities that need it most."

    Senate Bill 372 extends the tax credit for renewable energy projects in advanced stages of development for one year. Originally set to expire January 1, 2016, the delayed sunset moves the tax credit expiration to January 1, 2017. Under the new law, projects that have begun and meet certain requirements by January 1, 2016 will be eligible for a tax credit for an extended year until January 1, 2017. To qualify for the credit, projects that will have less than 65 megawatts of capacity, must be 80 percent complete by January 1, 2016. For projects that will have 65 megawatts of capacity or more, the project must be 50 percent complete by January 1, 2016. Click here to read a copy of the legislation.

    Senate Bill 372 was sponsored by Senators Bob Rucho, Jerry Tillman and Bill Rabon and carried in the House by Representative Bill Brawley.

  • Contact: Crystal Feldman
  •     govpress@nc.gov

Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




House-Passed Bill Could End Final Exams Press Releases: Elected office holders, Op-Ed & Politics, Bloodless Warfare: Politics County Government and Ethics


HbAD0

Latest Bloodless Warfare: Politics

Tax Day is a week away, and the reports are in: North Carolinians are winning big with record-setting tax returns thanks to President Trump and Republicans' Working Families Tax Cuts.
Change in schedule for executive committee meeting. Meeting Thursday April 9 is cancelled.
After years in the limelight for his combative style both with Democrats and his fellow Republicans, Crenshaw's future now unsure.
If he wins in November, Teixeira will be the all-time Congressional home run leader.
The county boards of elections in Guilford and Rockingham counties on Tuesday morning will begin a partial hand recount of ballots in randomly selected precincts in the N.C. Senate District 26 contest between candidates Phil Berger and Sam Page.
The 1926 Beaufort County Republican Convention will be held at the court house on Thursday April 6 at 6:00 PM. Be there by 5:30 in order to register. There is a 5 dollar fee.
Senate President Pro Tempore Phil Berger has requested a recount in the SD-28 Republican primary against challenger Sheriff Sam Page, after the race ended with one of the narrowest margins in recent North Carolina election history.
North Carolinians are feeling historic relief this tax season thanks to President Trump and Republicans' Working Families Tax Cuts, as the average refund tops $3,700.
(RALEIGH) Today Governor Josh Stein and First Lady Anna Stein visited Green Magnet Elementary School and read to students in celebration of Read Across America Day.

HbAD1

In-person early voting for the 2026 primary election begins Thursday and ends at 3 p.m. February 28 in all 100 counties.
On occasion, the election season has a way of bringing forth much good fruit, which is often the case when hard working and intelligent agents of stability, through changing the dynamic of our societal path, join the political paradigm to help we, the self-governed, do far better for ourselves.
In Commissioner Deatherage's Campaign for Re-election, as your Conservative County Commissioner, Washington Mayor Pro Tem Nick Fritz endorsed Candidate Stan Deatherage to remain in office to lead a Conservative renaissance here in Beaufort County.
The Republican party has transformed in a number of ways over the past 20 years.
The Sheriff then stated he worked for the judicial branch. That was enough internet for me in one day. I could feel my brain shrinking.
The GDP numbers tell the story: President Trump's economic agenda is delivering real results for North Carolinians.
This week marks the start of tax season - and thanks to President Trump and Republicans’ Working Families Tax Cuts, North Carolinians are keeping more of what they earn.

HbAD2

Conservative club meets Thursday January 29 at 6:00 PM at King Chicken Restaurant. This is our second meeting this month.
The Thursday, January 8th meeting of the Beaufort County Republican Executive Committee ended after Washington City police were called to the Beaufort County Ag Center at the request of Committee Chair Carolyn Garris.
A federal judge will not issue an injunction blocking local Watauga County election districts created by the Republican-led North Carolina General Assembly.
The State Board of Elections will hold a remote meeting via WebEx at 11:30 a.m. on Tuesday, January 20, 2026.
Today, the U.S. Supreme Court held oral arguments over allowing states to ban biological males from competing in women's sports.
The Republican queen Garris has issued an edict last night declaring me along with Sheri Clark and Janet Knight to have tripped the switch to have automatically resigned from the Beaufort County Republican executive committee.
The company's mortgages cost $4,600 more than competitors' on average.
For the first time in state history, registered Republicans now outnumber registered Democrats in North Carolina, according to the most recent voter registration snapshot based on data from the North Carolina State Board of Elections.

HbAD3

 
 
Back to Top