United States
                 Environmental Protection
                k Agency
                                                                                                  Carolina
vvEPA
State Incentives for Achieving Clean and
Renewable Energy Development on  Contaminated  Lands
The development of clean and renewable energy on formerly used land offers many economic and environmental benefits. Combining clean and renewable energy and
contaminated land cleanup incentives can allow investors and communities to create economically viable clean and renewable energy redevelopment projects. This
document provides information about incentives in your state that can be leveraged for clean and renewable energy and development of contaminated land.
                    Incentives for Clean and  Renewable Energy
Funding (grants, loans, bonds, etc.)
North Carolina Green Business Fund
www.ncscltech. com/gbf/
Provides up to $100,000 to organizations for the development and
commercialization of renewable energy and green building
technologies. Grants are available for the development of commercial
innovations and applications in the biofuels industry, sustainable
building practices, and private sector investment in renewable energy
technologies. North Carolina-based businesses and nonprofits with
fewer than 100 employees, as well as state and local governmental
entities, are generally eligible.

Energy Improvement Loan Program
www.energync.net/Hinding/eilp.html
Provides loans with an interest rate of 1 % for certain renewable energy
and energy recycling projects. Loans up to $500,000 per recipient are
available. Eligible renewable energy projects generally include solar,
wind, small hydropower, and biomass

Tax Incentives (abatements, deductions, credits, etc.)
Renewable Energy Corporate Tax Credit
www.ncleg.net/EnactedLegislation/Statutes/HTML/ByArticle/ChapterJ
05/Article_3B.html
Provides a tax credit of 35% of the cost of renewable energy property
constructed, purchased or leased by a taxpayer and placed into service
in North Carolina during the taxable year, with a maximum incentive of
$2.5 million for commercial or industrial facilities.

Property Tax Abatement for Solar Electric Systems
www.ncsc.ncsu.edu/information_resources/factsheets/lncentives_Com
mercial_Solar_2009update.pdf
Exempts 80% of the appraised value of a photovoltaic electric system
from property tax for commercial, industrial, residential, and agricultural
property.

Technical Assistance and Other Incentives	
GreenPower Production  Incentive
www.ncgreenpower. org/
Offers production payments for electricity generated by solar, wind,
small hydro (10 MW or less),  and biomass resources. The incentives,
which include payments from utility power-purchase agreements, are
made on a per-kWh basis and vary by technology. Owners of solar-
electric systems enrolled in NC GreenPower receive $.15/kWh from the
program, plus approximately $.04 kWh from their utility under the
power-purchase agreement, for a total production payment of
approximately $.19/kWh.
                                                                  Net Metering
                                                                  www.ncuc.commerce.state.nc.us
                                                                  Offers net metering in conjunction with the utility's interconnection
                                                                  standards. The maximum capacity of net-metered residential systems
                                                                  is 20 kW; the maximum capacity of net-metered non-residential
                                                                  systems is 100 kW.
                                                                                        Quick Facts
                                                                 Public Benefit Fund (PBF)                     Yes D  No 0
                                                                 Renewable Portfolio Standard                  Yes 0  No D
                                                                     12.5% of 2020 retail sales by 2021 for investor-owned utilities;
                                                                     10% of 2017 retail sales by 2018 for electric cooperatives and
                                                                     municipal utilities
                                                                 Net Metering                                 Yes 0  No D
                                                                 Interconnection Standards                     Yes 0  No D

                                                                             Electric Power Industry Generation by
                                                                              Primary Energy Source (EIA, 2006)
                                                                    Petroleum-Fired      0.3%   Nuclear            31.9%
                                                                    Natural Gas-Fired    2.5%   Hydroelectric        3.1%
                                                                    Coal-Fired          60.3%   Other Renewables   1.5%
                                                                                      Points of Contact
                                                                 North Carolina Green Business Fund
                                                                 North Carolina Board of Science and Technology
                                                                 www.ncscienceandtechnology.com
                                                                 ncbst@nccommerce.com, (919) 733-6500
                                                                 Energy Improvement Loan Program
                                                                 www. energync. net/funding/eilp. html
                                                                 Enass Wahby, enass.wahby@ncmail.net, (919) 733-1919
                                                                 Renewable Energy Corporate Tax Credit
                                                                 North Carolina State University North Carolina Solar Center
                                                                 www.ncsc.ncsu.edu
                                                                 Brian Lips, brian_lips@ncsu.edu, (919) 515-3954
                                                                 Property Tax Abatement for Solar Electric Systems
                                                                 Department of Revenue Tax Payer Assistance
                                                                 (877)308-9103
                                                                 GreenPower Production Incentive
                                                                 GreenPower Public Information
                                                                 info@ncgreenpower.org, (919) 716-6398
                                                                 Net Metering
                                                                 James McLawhorn, James.McLawhorn@ncmail.net, (919) 733-2267
Information current as of November 2008; please refer to www.dsireusa.org and the state Web Sites
Web sites provided, or contact the points of contact identified above for more up to date information.
                                                                          North Carolina Incentives for Clean and Renewable Energy - Page '

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                    Incentives  for  Development of Contaminated  Land
Funding (grants, loans, bonds, etc.)
Brownfields Cleanup Revolving Loan Dry-Cleaning Solvent
Cleanup Program
www.ncdsca.org/
Provides funds to assess and clean up contaminated dry-cleaning sites
using state-lead contractors.  The source for the cleanup fund is a tax
on dry-cleaning and dry-cleaning solvents (both perchloroethylene and
petroleum-based solvents).

Underground Storage Tank Trust Fund
www. wastenotnc. org/ust/trustfunds.html
Provides reimbursement for costs incurred during the cleanup of soil
and ground water contamination resulting from a release of petroleum
from an underground storage tank.

Inactive Hazardous Sites Program
www.wastenotnc.org/sfhome/IHSBRNCH_OldLandfills.HTM
Provides a reimbursement program for addressing non-permitted
landfills. A tax, effective July  2008, will fund the reimbursement to local
governments that conduct assessment and mitigation activities under a
plan approved by the Inactive Hazardous Sites Program.

Tax Incentives (abatements, credits, deductions, etc.)
Brownfields Tax Incentive
www.ncleg.net/EnactedLegislation/Statutes/PDF/BySection/Chapter_1
05/GS_105-277.13.pdf
Provides local property tax relief upon completion of improvements to a
former brownfields property. The value of the improvements is
excluded from future property taxes for five years at a rate of 90%
exclusion in the first year, gradually decreasing to a 10% exclusion in
year five.

Limitations on Liability	
Voluntary Cleanup Program
www.wastenotnc.org/sfhome/ihsbrnch.htm
Provides prospective developers, who are noncausative parties, liability
protection under a brownfields agreement in the form of a Covenant
Not To Sue (CNTS), contingent on completion of cleanup and/or safe-
making actions in the brownfields agreement.
                         Quick Facts
Limitations on Liability                           Yes 0  No D
Number of State-Tracked Contaminated Properties:       259
Includes Brownfields/Voluntary Cleanup Programs sites that are pending
eligibility, active or completed

Number of EPA CERCLIS Sites:                          228
Sites identified for potential investigation under the federal Superfund Program

Number of EPA Brownfields Properties:                    150
Properties being funded or addressed under the EPA Brownfields Program

There may be some overlap  among the categories listed and sites listed may not
represent all potentially contaminated sites in North Carolina.
Information current as of November 2008; please refer to
www.epa.gov/brownfields/pubs/st_res_prog_report.htm and the state Web sites provided,
or contact the points of contact identified above for more up to date information.
                                                                                           Points of Contact
                                                                     Brownfields Cleanup Revolving Loan Dry-Cleaning Solvent Cleanup
                                                                     Program
                                                                     John Powers, John.Powers@NCmail.net, (919) 508-8470
                                                                     Underground Storage Tank Trust Fund
                                                                     Division of Waste Management- UST Section, (919) 733-8486
                                                                     Inactive Hazardous Sites Program
                                                                     www. wastenotnc. org/sfhome/IHSBRNCH_OldLandfills.HTM
                                                                     Charlotte Jesneck, charlotte.jesneck@ncmail.net, (919) 508-8400
                                                                     Brownfields Tax Incentive
                                                                     Bruce Nicholson, bruce.nicholson@ncmail.net, (919) 508-8400
                                                                     Voluntary Cleanup Program
                                                                     Charlotte Jesneck, charlotte.jesneck@ncmail.net, (919) 508-8400
    North Carolina Incentives for Development of Contaminated Land - Page 2

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