A Qualifying Solar Project is an active solar system that a Utah town or city constructs, controls, or owns, and sells to residents in exchange for a credit on their electric bill. The installation of a solar power system, including solar panels, at a residence or business does not qualify for this credit.
If you've installed solar panels, you can apply for the Renewable Residential Energy Systems Credit or Renewable Commercial Energy Systems Credit with the Office of Energy Development. We'll ask about these credits later.
The Qualifying Solar Project Credit can be claimed for 25% of the amount paid to purchase electricity from a qualifying solar project, up to a maximum credit of $2,000. Credit that is more than your tax liability or the maximum amount can be carried forward up to four years.
This credit is not available for 2019.