Dell will save about $66,000 by repaying early the $26.5 million it received in incentives from Winston-Salem and Forsyth County.
The Winston-Salem Journal reported that because Dell will pay back the money this week, local officials will give the company the discount.
Dell announced last month that it will shutter its Winston-Salem PC manufacturing plant in January, and lay off about 900 workers. The plant opened in 2004 after state and local officials promised a record incentives package.
The company could have waited to pay the money back next year.
"They want to get the thing cleared up and paid off," Winston-Salem Mayor Allen Joines told the newspaper. He added that the city won't lose anything by offering a discount because it can re-invest the money sooner.
Dell has already repaid $1.5 million it received from the state for meeting hiring goals in 2006 and 2007.
Read the full Winston-Salem Journal report here.