Utah Solar Incentives Guide 2023

Utah is a state that is known for its beautiful landscapes, outdoor recreation opportunities, and friendly communities. However, it is also a state that is becoming increasingly known for its solar incentives. These incentives are designed to encourage residents and businesses to invest in solar energy, which can help to reduce their energy costs and reduce their carbon footprint.

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Utah Net Metering Program

One of the most popular solar incentives in Utah is the state's net metering program. This program allows solar energy system owners to sell any excess energy that they generate back to the grid. This means that if a solar energy system generates more energy than the homeowner or business owner needs, they can sell the excess energy back to the utility company, which can then be used by other customers. This can help to offset the cost of the solar energy system, making it more affordable for homeowners and businesses.

Utah Solar Tax Credit

Another popular solar incentive in Utah is the state's solar tax credit. This tax credit allows solar energy system owners to receive a credit on their state taxes for the cost of their solar energy system. This can help to offset the cost of the system even further, making it more affordable for homeowners and businesses.

Utah Solar Rebate Program

The Utah Governor's Office of Energy Development also offers a rebate program for residential and commercial solar systems. The rebate amount is based on the size of the system and the amount of electricity it generates. This program is designed to help make solar energy more affordable for residents and businesses, and to encourage more people to invest in solar energy.

Solar Investment Tax Credit (ITC)

In addition to these state-level incentives, there are also federal incentives available to residents and businesses in Utah. The Federal Investment Tax Credit (ITC) is a credit that can be used to offset the cost of a solar energy system. This credit is equal to 26% of the cost of the system, and it can be used to offset the cost of the system even further. This credit is available for both residential and commercial solar systems.

UT Commercial Solar Incentives

Another federal incentive that is available to residents and businesses in Utah is the Energy Efficient Commercial Buildings Tax Deduction (179D). This deduction can be used to offset the cost of energy-efficient improvements to commercial buildings, including solar energy systems. This deduction can be used to offset up to $1.80 per square foot of the building, and it can be used to offset the cost of the solar energy system even further.

In summary, Utah offers a wide range of solar incentives to its residents and businesses. These incentives include net metering, solar tax credits, rebates, and federal incentives such as the Investment Tax Credit (ITC) and Energy Efficient Commercial Buildings Tax Deduction (179D). These incentives are designed to make solar energy more affordable for residents and businesses, and to encourage more people to invest in solar energy. With the rising cost of energy, the use of solar energy can be a great way to reduce energy costs and reduce your carbon footprint.

Get Started With Solar Power In Utah Today!

In conclusion, Utah is a great state for solar energy, with a wide range of incentives available to residents and businesses. These incentives can help to offset the cost of a solar energy system, making it more affordable for homeowners and businesses. Additionally, solar energy systems can help to reduce energy costs and reduce a person's carbon footprint. It is a great time to invest in solar energy in Utah, and it's worth considering for anyone looking to save money on energy costs and reduce their environmental impact.

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