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: 
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