(Originally printed in the 09/28/12 Charlotte Business Journal: http://www.bizjournals.com/charlotte/print-edition/2012/09/28/nc-solar-tax-credit-may-be-in.html.)
North Carolina’s 35% tax credit for solar-energy projects — a key factor in the solar boom under way in the state — faces an uncertain future in the coming legislative session, says Rep. Ruth Samuelson (R-Mecklenburg).
Samuelson, who chairs the House Environment Committee and is a member of the Public Utilities Committee, was a featured speaker this week at the dedication of the 1.8-megawatt solar array Mooresville’s SunEnergy1 built atop Old Dominion Freight Lines’ Vault Logistics warehouse in Thomasville.
Speaking before the ceremony, she acknowledged sentiment inside the Republican Party to eliminate the credit as part of a tax overhaul.
John Downey covers the energy industry and public companies for the Charlotte Business Journal