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Senate approves energy‑storage tax credit capped at $5 million; sponsor adds heavy‑duty trucks and vehicle classes

Utah State Senate · February 24, 2020
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Fourth substitute S.B.77 expands a tax credit for on‑site energy storage and adds class 7 and 8 electric vehicles; senators raised a procedural point about a fiscal note but staff confirmed a $5,000,000 fiscal note and the Senate passed the substitute by roll call.

The Utah Senate passed the fourth substitute to Senate Bill 77, a bill that creates a tax credit aimed at promoting on‑site energy storage and builds incentives for resilience and grid reliability.

Sponsor Senator Kitchen told the chamber the measure is intended to “stop energy waste, promote clean energy and build a more resilient and smart…

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