NewEnergyNews More: NO CAROLINA’S FIGHT FOR NEW ENERGY

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  • Tuesday, May 19, 2015

    NO CAROLINA’S FIGHT FOR NEW ENERGY

    Push To Change NC Solar Energy Law Raises Concerns

    Keri Brown, May 18, 2015 (88.5 – WFDD)

    “North Carolina lawmakers are considering a series of solar energy bills. They include extending tax credits for solar energy installations and setting up a loan fund to help businesses and homeowners pay for solar projects…Environmental groups say they’re concerned over proposed legislation that could repeal the state’s renewable energy portfolio standard…At issue is a requirement that the state's utilities generate a portion of their power from renewable sources, such as wind, solar and livestock waste methane. Current state law says they must account for 12.5 percent of total retail sales by 2021…[Fossil-fuel backed groups like] Americans For Prosperity support repealing the state’s renewable portfolio standard. They say millions of North Carolina residents are forced to pay higher energy bills under the legislation…” click here for more

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