Archive for April 18th, 2013

Sustainable energy investments total $785M in NC

Posted on: April 18th, 2013 by shannon No Comments

RALEIGH, N.C. — Sustainable energy projects across 45 of North Carolina’s 100 counties totaled more than $785 million between 2007-2012, says the N.C. Sustainable Energy Association, which is lobbying to stop changes in state tax incentives for sustainable energy.

A bill repealing incentives has already narrowly passed a House committee vote in the General Assembly.

The data comes from a report prepared for the SEA group by RTI International and La Capra Associates. The report was released in February.

Sustainable energy investments across NC (photo credit NCSEA)

The conservative think thank John Locke Foundation has challenged some of that data.

According to a county-by-county breakdown of the report, 22 counties received investments of $10 million or more.

Wake County received $36.7 million to rank sixth.

Durham County ranked 20th at $11.2 million.

Davidson County, Robeson County and Person County ranked 1-3 respectively with $110 million or more in investments.

“The data clearly shows that North Carolina’s clean energy policies are providing an economic boost in counties all around the state,” said Lowell Sachs, director of communications for the NC Sustainable Energy Association. “In addition to creating paths for future business development, these clean energy investments bring badly needed revenue that can support core functions of these communities like roads, schools, fire departments and police.”

A map released with the update documents investments by state House Districts and by county.

 

Written by WRALTechWire