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.
Kevin Ashby - Vernal Express
“If we are going to fund schools fully in Utah then the money will come from energy development,” said Senator Van Tassell to chamber representatives from across the state.
Van Tassell explained to the group that there were 26 different routes that were considered in the effort...