IMPORTANT: DELAYED SUNSET. For most taxpayers, the credit for investing in renewable energy property was repealed effective for renewable energy property placed in service on or after January 1, 2016. Taxpayers that met the requirements of G.S. 105-129.16A(f) qualified for a one-year extension of the sunset date for renewable energy property placed in service before January 1, 2017. For detailed information, see the “Important Notice” published by the Income Tax Division on September 29, 2015, available from the Department’s website. (Session Law 2017-57 provided an Alternate Delayed Sunset. The credit for investing in renewable energy property is repealed effective for renewable energy property utilizing renewable biomass resources placed in service on or after May 5, 2017.)