Tax Credits and Financing

Tax Credits and Financing FOSTERING SMART GROWTH We administer a variety of post-performance tax credits and funding opportunities to encourage private-sector investment, create high-quality jobs and foster smart growth. COMMERCIAL TAX CREDITS Utah offers a suite of tax credits for commercial projects that span significant infrastructure projects, as well as renewable energy, oil and gas and alternative energy installations. HIGH COST INFRASTRUCTURE TAX CREDIT PRODUCTION TAX CREDIT WELL RECOMPLETION RENEWABLE ENERGY SYSTEMS TAX CREDIT RESIDENTIAL TAX CREDITS Residential tax credits span rooftop solar, as well as installations utilizing solar and biomass technologies. RENEWABLE ENERGY SYSTEMS TAX CREDIT INCENTIVES AND DEVELOPMENT Market-based tax incentives drive new investment that diversifies, enhances and expands our energy and minerals portfolio, providing beneficial outcomes for Utah’s economy.