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North Carolina data centre incentives

Three exemptions that materially change the operating cost of a qualifying data centre — and the one question we will not answer for you.

North Carolina is consistently ranked a top-five state for data centre development, and the reason is mostly arithmetic. Three exemptions materially change the operating cost of a qualifying facility.

The three that matter

IncentiveEffect
Sales and use tax on equipment100% exemption on qualifying data-centre equipment and software
Electricity sales tax100% exemption from the state's 7% electricity sales tax for qualifying data centres
Corporate income taxStepping down: 2% in 2026, 1% in 2028, 0% by 2030

Why the electricity exemption dominates

For a compute campus, power is the largest recurring cost by a wide margin. Removing 7% from the electricity bill compounds every month for the life of the facility, and it stacks on top of whatever rate the site already achieves.

Worked in context Project Foothold's blended all-in power cost is $0.062/kWh, measured across 17 reconciled billing cycles. That figure sits before the state electricity sales-tax exemption, not after it. Most quoted rates in this market are tariff estimates; this one is from invoices.

Tier designations

North Carolina assigns counties a development tier, and Tier 1 designation unlocks the deepest part of the state's incentive stack. Project Foothold sits in a Tier 1 county.

What we will not tell you

We state the statutory position. We will not advise whether your specific build qualifies — eligibility depends on investment thresholds, employment commitments and the structure of your entity, and that determination belongs to your tax counsel. Any seller who tells you they are certain your project qualifies is telling you something they cannot know.

Statutory positions change. Verify current law with counsel before relying on any figure on this page.

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Full technical and commercial materials — utility billing history, substation documentation, title and survey material, environmental reports and the site plan set — are released under NDA.

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