- Adds combined heat and power system to the definition of commercial energy system for purposes of claiming certain renewable energy systems tax credits; provides additional rulemaking authority for the Office of Energy Development to administer the tax credit;
Sponsor
- Rep Steven Handy, R - Layton
Results
- Combined Heat & Power achieves 80% efficiency as compared to standard power production at 45%. Capital & engineering intensive, currently lack federal and state incentives, efficiencies result in reduced emissions, especially CO2.
- March 4, passed 9-0-4 House Revenue and Taxation Committee
- Failed, returnet to House rules 3/7
- fn $ 150k
