The Alternative Energy Development Incentive (AEDI) is a post-performance credit for the construction of electricity generation facilities of 2 megawatts or greater that utilize hydroelectric, solar, biomass, geothermal, wind, and waste-heat. It also includes energy derived from nuclear fuel, oil-impregnated diatomaceous earth, oil sands, oil shale, or petroleum coke.
The High Cost Infrastructure Tax Credit (HCITC) is an incentive that supports investments in qualifying cost-intensive infrastructure projects, such as energy delivery systems, water delivery systems, road improvement and railroads.
To advance Utah’s diverse energy sector through planning, policy, and direct engagement with the private sector; and thereby to foster economic growth through energy development and conservation activities and through the provision of affordable, reliable energy.
sPower Broadens Portfolio of Renewable Energy Projects, Invests in Home State of Utah
sPower, a prominent renewable energy provider based in Salt Lake City, Utah, announced that it has acquired its first wind project, a 62.1MW facility in Monticello, Utah. The announcement is well timed, as last...