Great news for environmental advocates in the state of Utah! All residents that decide to go solar in 2017 will receive a $2,000 tax credit which means faster savings! The tax credit will go until 2021 but will go down by $400 per year so those that move fastest save the most.
Legislators had considered imposing caps on the number of Utah residents who could claim the solar-energy tax credit, which would have effectively limited the potential growth of the Utah solar industry. Hoping to avoid such caps, the solar industry decided that a gradual elimination of the tax credit would damage the industry less.
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