Alternative Energy Development Incentive

Alternative Energy Development Incentive;
State: Utah

  • Incentive Type: Industry Recruitment/Support
  • Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Electric, Other Non-Renewable Alternative Energy Resources (see summary for list), Small Hydroelectric
  • Applicable Sectors: Commercial, Industrial
  • Amount: Determined on a case-by-case basis by the Governor’s Office of Economic Development Board and Executive Director based on statutory guidelines and evaluation criteria.
  • Maximum Incentive: Up to 100% of new state tax revenues (including, state, corporate, sales and withholding taxes) over the life of the project (typically 5-10 years)
  • Program Start Date: 5/12/2009
  • Web Site: http://goed.utah.gov/relocate/incentives/energy/

Contact:

Theresa Foxley
Utah Governor’s Office of Economic Development
324 South State Street, Suite 500
Salt Lake City, UT 84103
Phone: (801) 538-8742
E-Mail: tfoxley@utah.gov
Web Site: http://goed.utah.gov/