NC Gov. Cooper today signed House Bill 589, the state’s first comprehensive energy legislation in more than 10 years.
“A strong renewable energy industry is good for our environment and our economy,” said Gov. Cooper. “This bill is critical for the future of significant increases in our already booming solar industry.”
With clean energy becoming more cost-competitive, the law is designed, among other things, to ensure that business and residential electric customers can take advantage of clean energy savings by making energy purchasing more competitive.
Adding that he strongly opposed “the ugly, last-minute, politically motivated wind moratorium” that was added to the bill, the Governor also signed an Executive Order designed to mitigate its effect.
Specifically, he directed the DEQ to continue to attract investments and wind permitting so development can continue as soon as the moratorium expires on Dec. 31, 2018.
Elizabeth City hosts the state’s first operational wind farm, Amazon Wind Farm U.S. East—a $400 million investment that the Elizabeth City Chamber of Commerce has welcomed.
A second planned wind farm, the Timbermill Wind project in Chowan County, is on-hold pending the end of the moratorium.
“What does wind energy mean to little Chowan County?” Win Dale, Executive Director of the Edenton-Chowan Chamber of Commerce, said on a chamber briefing call on the topic. “It means increasing our [County’s] revenue by $200,000 a year.”
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