Bill > SB0192

This bill modifies tax credit requirements for commercial wind and solar energy systems by introducing new provisions for energy storage and production. Specifically, the bill defines "adequate energy storage" as an energy storage system capable of storing at least six hours of a commercial energy system's peak daily generation and enabling the system to be "dispatchable" and "reliable". For wind and solar commercial energy systems producing 660 or more kilowatts of electricity, the bill now requires adequate energy storage in order to qualify for tax credits. However, systems that already had a position in an interconnection queue or a signed agreement with a transmission provider before January 1, 2025, are exempt from this new energy storage requirement. The bill also clarifies that when calculating tax credits for electricity production, only electricity that is stored and later sold can be counted at the time it is sold from storage. These changes aim to incentivize more reliable and flexible renewable energy systems by encouraging energy storage capabilities. The bill will take effect for taxable years beginning on or after January 1, 2026, giving energy system developers time to adapt to the new requirements.

Business and Industry, Transportation and Infrastructure

https://le.utah.gov/~2025/bills/static/SB0192.html