Publication
Legal Alert – Utah Tax Credit Extended to Solar Energy Systems
by Elizabeth Brereton and Denise A. Dragoo
With a rebounding solar energy manufacturing sector and increasingly aggressive Renewable Portfolio Standards throughout the western United States, many predict the reemergence of commercial solar power development in 2014. To spur solar power development in Utah, Governor Gary Herbert signed Senate Bill 224 into law on April 1, 2014. SB 224 amends Utah Code, Title 59, Chapter 7 to extend renewable energy tax credits provisioned under Section 614 to commercial energy systems using solar equipment.
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Founded in 1938, Snell & Wilmer is a full-service business law firm with more than 500 attorneys practicing in 17 locations throughout the United States and in Mexico, including Los Angeles, Orange County, Palo Alto and San Diego, California; Phoenix and Tucson, Arizona; Denver, Colorado; Washington, D.C.; Boise, Idaho; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Portland, Oregon; Dallas, Texas; Salt Lake City, Utah; Seattle, Washington; and Los Cabos, Mexico. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. For more information, visit swlaw.com.
