New budget pulls plug on solar energy

10 Comment(s) | Posted | ,

The new budget put out by the NC Legislature eliminates solar energy tax breaks that had been on the books for 15 years. While NC had previously ranked in the top 10 states for solar energy production, it will now have to rely solely on fossil fuels, a move conservative law makers hope will cause the industry to disappear. 

Read more at Star News Online 

On the negative end, it wipes out tax credits for solar and renewable energy projects.

Republican House members had wanted to save the credits, but hardliners in the Senate, who voted the tax breaks out of their budget version early, seem to have gotten their way.

Many senators apparently regard solar energy as something like Birkenstocks and tofu, a hippie affectation that's passed its expiration date. The industry, they think, will evaporate without government aid.

The solar credits had been on North Carolina's books for the past 15 years. Folks who put up solar panels or similar alternative energy equipment could claim a 35 percent state investment tax credit, up to a maximum of $2.5 million per project.

Under its regimen, North Carolina ranked in the top 10 states in solar energy production, getting an estimated 1 percent of its total electric power from the sun, according to the U.S. Energy Information Administration.

The U.S. military and Walmart -- neither of which is particularly socialist or earthy-crunchy -- have reported marked savings from installing solar arrays.

Comments

  1. gregleggett's avatar
    gregleggett
    | Permalink
    I don't think folks are happy with what's happening with the budget no matter what political party you are maybe when returning to vote next time we will remember what we did wrong.<br /> We need to keep teachers in nc<br /> We need to look after all people and state employees and retirees.<br /> We need to stop inspecting new cars we buy makes no sense<br /> Thanks for keeping us all updated on what's happening in our great state of nc
  2. gregleggett's avatar
    gregleggett
    | Permalink
    I don't think folks are happy with what's happening with the budget no matter what political party you are maybe when returning to vote next time we will remember what we did wrong.<br /> We need to keep teachers in nc<br /> We need to look after all people and state employees and retirees.<br /> We need to stop inspecting new cars we buy makes no sense<br /> Thanks for keeping us all updated on what's happening in our great state of nc
  3. Robin Wellner's avatar
    Robin Wellner
    | Permalink
    Between this and what they're doing to our schools we're headed back to the dark ages with this group of idiots.
  4. Robin Wellner's avatar
    Robin Wellner
    | Permalink
    Between this and what they're doing to our schools we're headed back to the dark ages with this group of idiots.
  5. Robin Wellner's avatar
    Robin Wellner
    | Permalink
    Between this and what they're doing to our schools we're headed back to the dark ages with this group of idiots.
  6. Robin Wellner's avatar
    Robin Wellner
    | Permalink
    Between this and what they're doing to our schools we're headed back to the dark ages with this group of idiots.
  7. Robin Wellner's avatar
    Robin Wellner
    | Permalink
    Between this and what they're doing to our schools we're headed back to the dark ages with this group of idiots.
  8. Darlene Granson's avatar
    Darlene Granson
    | Permalink
    NC is becoming more corporate in its policies but the wealth is still accumulated in the upper 1% of its total population with the majority of its residents still in a rural/agricultural climate. Solar energy production makes so much sense in this state and those senators who feel its a passing fad would rely on fossil fuel which has a much sooner impending expiration date versus the longevity of sun power.
  9. Karen Ellis's avatar
    Karen Ellis
    | Permalink
    Can't believe this! I am hoping to move to NC soon. A state that gets so much sun...a never ending source of energy..not tapping into such a great resource is stupid! When fossil fuels run out we'll all be in trouble. Our government representatives are so out of touch with the people they are supposed to represent. Too bad we couldn't drop every one of them into a low or middle income household to live for a month, without all their "assets", for a reality check. That's my challenge to all our government representatives, but I don't think any will take me up on this.
  10. mike's avatar
    mike
    | Permalink
    NC, sounds like you guys need to let the RICH Politictions go! You guys are so headed down the wrong road in so many ways. The people have a voice, you always have a voice, get in the streets and let it be heard. The correct way, of course. The correct way, but you have to let these people know, what "They" are doing to you, the common people, and make them stop this non-sence. Tou are only going to let the rich get richer. And the the blue collar get poorer. I mean,come on, the power companies are LINING the polotions pockets to change the laws and buying the votes. WAKE UP PEOPLE!!!! You have children? We are ALL, The USA, headed down a bad path with all these REPUBlICANS in office, any office, bot all, but pay attention to the ones that are doing things like this on a regular. Wake up!
    1. Leave a Comment