StateSubsidies
Back to all incentives
Tax CreditUtahActiveVerified

Utah Economic Development Tax Increment Financing (EDTIF)

Governor's Office of Economic Opportunity (Go Utah)UT-EDTIF
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Utah

About This Program

Post-performance tax credit of up to 30% of new state taxes generated by a qualifying project over 5–20 years. Available to companies creating at least 50 new high-paying jobs (or lower thresholds in rural counties) in targeted industries, with post-performance payout reducing risk to the state.

Key Requirements & Eligibility

  • 1Minimum 50 new FTE jobs at 110% of county average wage (lower in rural areas)
  • 2Targeted industries: tech, life sciences, financial services, advanced manufacturing
  • 3Credit: up to 30% of new state taxes (income, withholding, sales) over 5–20 years
  • 4Post-performance — company must create jobs BEFORE receiving credit
  • 5Apply through Go Utah prior to project announcement

Related Programs

Tax CreditFederalVerified

IRA Section 48C Advanced Energy Manufacturing & Recycling Tax Credit

DOE · United States

Provides a 30% investment tax credit for qualifying advanced energy projects, including manufacturing facilities for clean energy equipment and industrial decarbonization projects. Projects must be certified by the IRS through a competitive application process.

Energy ManagementManufacturingClean Technology
Closed (Dec 31, 2025)
Details
Tax CreditCity / MunicipalVerified

Austin Energy Value of Solar (VoS) Tariff

AE · Austin, TX

Austin Energy purchases excess solar generation from rooftop systems at a rate reflecting the full economic value of solar to the grid. The VoS rate is recalculated annually and credited directly to the customer's bill, making rooftop solar investment more predictable and financially attractive.

Energy ManagementReal EstateClean Technology
Details
Tax CreditFederalVerified

IRA Section 48 Standalone Battery Energy Storage Tax Credit

DOE · United States

Extends the Investment Tax Credit to standalone battery storage systems with capacity of at least 5 kWh, decoupled from solar. Projects in energy communities or using domestic content receive bonus credits up to 10% each.

Energy StorageClean TechnologyManufacturing
Details

Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
Share:𝕏in

Applicable Industries

TechnologyManufacturingHealthcareFinancial Services
Official Source