Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
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.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business facility located in NC Tier 1 or Tier 2 county
2.Minimum $1 million in qualifying renovation expenses
3.Energy efficiency or sustainability improvements required
4.Credit: 40% of eligible costs in Tier 1, 30% in Tier 2
5.5-year recapture period if property is sold
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).