Alternative Energy Development Incentive (AEDI)
Alternative Energy Development Incentive
The Alternative Energy Development Incentive (AEDI) is a fixed post-performance credit of 75 percent of new eligible state revenues for 20 years, for qualifying projects that produce at least two megawatts of electricity, 250 barrels of biomass, or 1000 barrels of oil per day equivalent from qualifying hydroelectric, solar, biomass, geothermal, wind, nuclear or certain unconventional resources.
AEDI Application
To qualify for AEDI, the project must generate new state revenue and new incremental jobs, and it must involve significant capital investment or the creation of high-paying jobs.
Entities seeking consideration of their projects must fill out a pre-application via the Apply Now button below, after which a pre-application meeting with the Utah Office of Energy Development (OED) will be scheduled. Please refer to the Incentive Overview link below for details and expectations.
For any questions regarding applications or the AEDI tax incentive, please reach out to our tax incentives department at [email protected]
Application FEe
Beginning on August 15, 2018, in accordance with Utah Code 63M-4-401, the Governor’s Office of Energy Development will begin charging a $150 fee per application submitted. Fees must be paid by credit card.