StateSubsidies
Back to all incentives
Tax CreditNorth CarolinaActiveVerified

North Carolina Mill Renovation Tax Credit

North Carolina Department of Revenue (NC DOR)NC-MILL-RENO
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

North Carolina

About This Program

North Carolina provides a 40% tax credit for the cost of renovating or constructing a qualified business facility that incorporates energy-efficient or sustainable building features, particularly in distressed counties.

Key Requirements & Eligibility

  • 1Business facility located in NC Tier 1 or Tier 2 county
  • 2Minimum $1 million in qualifying renovation expenses
  • 3Energy efficiency or sustainability improvements required
  • 4Credit: 40% of eligible costs in Tier 1, 30% in Tier 2
  • 55-year recapture period if property is sold

Related Programs

Tax CreditFederalVerified

IRA Section 48 Standalone Battery Energy Storage Tax Credit

DOE ยท United States

Extends the Investment Tax Credit to standalone battery storage systems with capacity of at least 5 kWh, decoupled from solar. Projects in energy communities or using domestic content receive bonus credits up to 10% each.

Energy StorageClean TechnologyManufacturing
Details
Tax CreditFederalVerified

IRA Section 48C Advanced Energy Manufacturing & Recycling Tax Credit

DOE ยท United States

Provides a 30% investment tax credit for qualifying advanced energy projects, including manufacturing facilities for clean energy equipment and industrial decarbonization projects. Projects must be certified by the IRS through a competitive application process.

Energy ManagementManufacturingClean Technology
Closed (Dec 31, 2025)
Details
Tax CreditStateVerified

New York State Brownfield Cleanup Program Tax Credit

NYSDEC ยท New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionGovernment & Nonprofit+1
Details

Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
Share:๐•in

Applicable Industries

ManufacturingReal EstateBuilding ElectrificationConstruction
Official Source