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Senate committee advances House Bill 350 to clear path for district energy project tax credits
Summary
The Utah Senate Public Utilities, Technology, Energy and Transportation Committee voted unanimously to send House Bill 350, which would enable a district energy project to use an existing high-cost infrastructure tax credit and capture waste heat from a nearby natural-gas plant, to the Senate floor with a favorable recommendation.
The Utah Senate Public Utilities, Technology, Energy and Transportation Committee voted unanimously to send House Bill 350, District Energy Amendments, to the Senate floor with a favorable recommendation after a presentation by Representative Peterson.
The bill would allow a district energy project to access an existing “high cost, high infrastructure cost” tax credit and use captured waste heat from a nearby natural-gas plant, Sponsor Representative Peterson told the…
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