Solar Incentives in Utah
The Utah state government offers the Renewable Energy Systems Tax Credit to commercial businesses that install solar systems. Businesses that install solar systems smaller than 2 megawatts can receive tax credits on 10% or up to $50,000 of their installed system.
Rocky Mountain Power commercial customers who install solar panels with an energy storage system can take advantage of the Wattsmart Battery Program. Approved customers can receive an upfront rebate of $400 per kilowatt of battery capacity (covering up to 70% of the equipment costs), as well as an annual electric bill credit of $15 per kilowatt after the first year.
Many Utah utility companies also participate in net metering programs. Commercial customers with solar systems will receive energy credits on their next electricity bill for any excess energy their solar system produces in the current month. This program allows businesses to save on their utility bills while redistributing the excess energy back to the grid for community use.
What is the REAP Grant (Rural Energy for America Program)?
The USDA's "Rural Energy for America Program," or “REAP,” offers a grant designed to encourage agricultural and rural businesses to maximize their energy efficiency with solar.
savings | Take advantage of REAP Grant savingsThe REAP grant can cover up to 50% of your solar energy system costs allowing you to break even in as little as 1 year. There are millions of dollars available to rural and small to mid-size businesses in Utah, as well as AG producers through this program. |
handshake | How can Greentech Renewables help?Greentech Renewables can help you with each stage of the grant application process, from finding an installer to working with a grant writer. |
sunny | Can I take advantage of the REAPGrant?Small businesses in eligible rural areas of Utah and any agricultural producer can apply and may be eligible.
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Act Now!
While there are a few solar incentives available in Utah to reduce project costs for business owners, the REAP grant offers the most significant cost reduction for a commercial solar system. The 50% rebate on your solar energy system is one of the best incentives offered in the history of the solar industry, so take advantage of the USDA's REAP Grant while it is still available. Fill out our interest form to get started!
The REAP Grant is available in:
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