Solar Tax Credits Set to Expire

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Text:  Unless the legislature and the McCrory administration act soon, solar tax credits will soon be a thing of the past in North Carolina.  Currently, our state offers a 35% tax credit to solar installations (in addition to the federal tax credit).  The credit is due to expire at the end of 2015.  In the short term, North Carolina solar companies are experiencing a boon in business, as they rush to complete installations by that time.  The future of solar business beyond 2015 in North Carolina is a bit more uncertain:  http://www.wral.com/debate-over-renewable-energy-in-nc-continues-as-tax-credit-set-to-expire/14703787/

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