Program Details:
The Alternative Energy Development Incentive (Personal) Credit Program offers tax exemption status for renewable energy systems for Industrial and Commercial customers. The tax exemption is for the following renewable energy sources: Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, CHP/Cogeneration, Waste Heat, Other Non-Renewable Alternative Energy Resources, Small Hydroelectric, Solar Thermal Electric, and Photovoltaic. The legislation was enacted to enable a 75% reduction from state tax revenue (SB 242, UAC 362-1, Utah Code 59-10-1029, and Utah Code 63M-4-501, et seq.) who own such renewable energy systems. For more details use the following links and contact below:
http://goed.utah.gov/relocate/incentives/energy/
Contact for more information:
Jeffrey Barrett
Office of Energy Development
195 N 1950 West, 2nd Floor
PO Box 146100
Salt Lake City, UT 84116
Phone: (801) 536-0210
E-Mail: jhbarrett@utah.gov
Web Site: http://www.energy.utah.gov/
