Subsidy Tracker Individual Entry
Company:
Duke Energy Carolinas LLC
Parent Company:
Duke Energy
Subsidy Source:
local
Location:
North Carolina
City:
Cliffside
County:
Cleveland
Project Description:
expansion of existing fossil fuel electrical generating facility with construction and operation of coal-fired energy-production Unit #6
Year:
2007
Major Industry of Parent:
utilities and power generation
Specific Industry of Parent:
utilities
Subsidy Value:
undisclosed
Program Name:
Cleveland County: Grant Incentive Program
Awarding Agency:
Cleveland County Board of Commissioners
Type of Subsidy:
grant
Capital Investment:
$500,000,000
Source of Data:
Direct from agency; not on web
Notes:
Subsidy value is 28% of assessed value of project each year for ten year period. No subsidy value given. Year is year credit approved. Agreement promises creation of jobs but does not give a jobs figure.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
