Utah Administrative Code
Topic - Governor
Title R362 - Office of Energy Development
Rule R362-2 - Renewable Energy Systems Tax Credits
Section R362-2-15 - Production Tax Credit, Taxpayer Authorization Process
Current through Bulletin 2024-06, March 15, 2024
(1) OED must authorize a taxpayer's eligibility for the production tax credit. The taxpayer must verify that a commercial energy system has been constructed, installed, is a viable energy production system, and meets requirements of Sections 59-7-614 and 59-10-1106 and this rule.
(2) A taxpayer that is not a lessee must submit an Application for Authorization on a form created by OED.
(3) The applicant must provide the following information:
(3) A taxpayer that is a lessee must submit an Application for Authorization that includes the following:
(4) Upon receipt of an Application for Authorization, OED will determine taxpayer eligibility and will notify the applicant in writing of its decision. If the information contained in an application is inadequate to determine eligibility, OED reserves the right to request additional information from the applicant. If an applicant is unable or unwilling to provide the information requested, OED may deny the Application for Authorization.