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Results found for "renewable tax credit"


The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state’s top administrative law judge rejected the department’s attempt to deny credits to a renewable energy investor.
The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state’s top administrative law judge rejected the department’s attempt to deny credits to a renewable energy investor.
 
State tax credits for solar energy projects made for bad public policy. That doesn’t excuse recent action from the N.C. Revenue Department that denies those credits to solar energy finance companies.
State tax credits for solar energy projects made for bad public policy. That doesn’t excuse recent action from the N.C. Revenue Department that denies those credits to solar energy finance companies.
 
North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
 
Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
 
Benefit or boondoggle? That’s the billion-dollar question.
Benefit or boondoggle? That’s the billion-dollar question.
 
The sun keeps shining on North Carolina's renewable energy investors - at taxpayers' expense
The sun keeps shining on North Carolina's renewable energy investors - at taxpayers' expense
 
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
 
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
 
The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
 
On net, this year's final budget deal can be viewed positively by conservatives. Tipping the scales in favor of the spending plan include: a net tax cut of nearly $400 million over two years, allowing the renewable energy tax credit to expire, elimination of taxpayer support for the highly...
On net, this year's final budget deal can be viewed positively by conservatives. Tipping the scales in favor of the spending plan include: a net tax cut of nearly $400 million over two years, allowing the renewable energy tax credit to expire, elimination of taxpayer support for the highly...
 
For those of us who have been fighting to eliminate solar and other renewable energy subsidies from the burden being born by North Carolina's taxpayers, the new state budget is very welcome. As of January 1, the 35 percent tax credit for renewables in general and solar in particular, by far the...
For those of us who have been fighting to eliminate solar and other renewable energy subsidies from the burden being born by North Carolina's taxpayers, the new state budget is very welcome. As of January 1, the 35 percent tax credit for renewables in general and solar in particular, by far the...
 
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
 
In 2005, the North Carolina General Assembly established a 35 percent credit for investing in renewable energy. This credit was slated to sunset at the end of 2010. By 2010-11, the Tax Research Division of the Department of Revenue estimated, the credits taken would cost the state $5.65 million...
In 2005, the North Carolina General Assembly established a 35 percent credit for investing in renewable energy. This credit was slated to sunset at the end of 2010. By 2010-11, the Tax Research Division of the Department of Revenue estimated, the credits taken would cost the state $5.65 million...
 
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
 
Two of the co-founders of Cary-based software company SAS Institute Inc. - James H. Goodnight and John P. Sall - appear to have collected tax credits totaling more than $3 million from the state's renewable energy program even as their company is pushing state political leaders to maintain tax subsi
Two of the co-founders of Cary-based software company SAS Institute Inc. - James H. Goodnight and John P. Sall - appear to have collected tax credits totaling more than $3 million from the state's renewable energy program even as their company is pushing state political leaders to maintain tax subsi
 
As I write this, what is turning out to possibly be the most powerful crony special interest in North Carolina is fighting to keep part of its welfare money flowing. A regulatory reform bill that reduces the amount of super expensive solar energy that North Carolina electricity users are...
As I write this, what is turning out to possibly be the most powerful crony special interest in North Carolina is fighting to keep part of its welfare money flowing. A regulatory reform bill that reduces the amount of super expensive solar energy that North Carolina electricity users are...
 
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.
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.
 
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
 
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
 

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