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MegadealsSubsidy 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.