Due to the remarkable popularity of the Utah Office of Energy Development's (OED) Utah Renewable Energy Rebate Program (URER), the OED is adding $200,000 to the rebate fund's original $1 million. This expansion of the program means that, at this time, $370,000 remains to be allocated.
In the first 55 days since the launch of the program, over $830,000 has been allocated, leveraging $4.6 million of economic activity through 139 projects in communities.
The URER program offers rebates for wind energy, solar photovoltaic and solar thermal (hot water) systems. The rebate is $1 per AC watt ($2,500 cap) for wind, $1.50 per DC watt ($4,500 cap) for residential PV solar, $1.50 per DC watt ($25,000 cap) for commercial PV solar, and $40 per square foot ($2,500 cap) for solar thermal.
All systems will be subject to reasonable cost and 25% of total system cost limits. Those eligible for rebates must have the systems installed by a licensed contractor.
The URER program is funded through the American Recovery and Reinvestment Act and aims to stimulate employment in grid-tied renewable energy construction and increase distributed renewable energy capacity.