Solar Tax Credits in Utah

Qualifying for the Utah Solar Tax Credit

All of our customers with a taxable income qualify for the U.S. federal tax credit (it’s technically called the Investment Tax Credit). Utah customers may also qualify for a state tax credit in addition to the federal credit.

The Utah credit is calculated at 25% of the eligible cost of the system or $1600, whichever amount is less. The process to claim the Utah renewable energy tax credit is relatively simple and straightforward to follow. It involves filling out and submitting the state’s TC-40 form with your state tax returns each year.

Utah State Tax Credit Instructions

To claim your solar tax credit in Utah,
you will need to do 2 things.

 

  1. Claim the credit on your TC-40a form (submit with your state taxes).
  2. File for the TC-40e form (you request this then keep the record

 

Below you will find instructions for both.

Download Instructions

Download Form

Follow these instructions to guide you through the TC-40a form:

1

Under “Part 4 – Nonapportionable Nonrefundable Credits,” write in the number 21 under the “Code” column for “Renewable residential energy systems credit.”

2

Under the “Amount” column, write in $1,600

a. $1,600 is the maximum amount of credit you can get for solar in the state of Utah and all our systems qualify for the maximum credit.

3

Fill out the rest of the form as you normally would when filing your state taxes. File with your state taxes.

Follow these instructions to guide you through the TC-40e form:

To apply for the TC-40e form, go to https://oed.fluidreview.com (This can also be done via paper, the same instructions apply).

1

Create an account.

2

Click the “Start Program” button and select the top option with “PV solar panels” included.

3

Follow the steps to pay the Application Fee. 

4

Begin the RESTC – Solar PV application by selecting “Residential” and filling in your address.

5

Select the answer to “Have you claimed a Utah state tax credit for a separate system at this location?”  

6

Names that should appear on the TC-40E tax credit certificate form: Fill in the name of the person filing the taxes and enter your email address. 

7

Is the solar panel grid connected? Select yes! 

8

What is the solar PV system output capacity? This can be found in your proposal or permit pack. 

9

Select the year that the installation was complete and indicate if you received a rebate or grant. 

10

Fill in the cost of the system minus any battery costs you may have. 

11

Select who you are: Recipient or Representative.

12

Upload utility confirmation 

  • Attach a file of your countersigned net metering agreement (you should have gotten this from your utility company. Give them a call if you don’t have it on file) 
13

Upload Invoice or Loan Agreement 

  • Attach a file of your invoice for the panels or your loan agreement. 
14

Upload a Picture of the Solar System Installed 

  • Upload a file of your installation pictures. 
15

Submit your application!

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