House Bill Caps Renewable Energy Mandate
RALEIGH — Opponents of the state’s preferential treatment of renewable energy sources said North Carolina ratepayers should be relieved by the passage of House Bill 760 by a 77-32 vote on Wednesday after numerous delays, repeated compromises, and contentious debate. Backers of the legislation noted that the state has handed out more than $1 billion in tax credits and rebates to solar producers.