SALT LAKE CITY — A state legislative audit released Tuesday says a lack of accountability has created a rift of gray area between energy-related tax credits that have been claimed versus ones actually earned.
And the revenue impacts of energy incentive programs — some $74 million over the last five years — are likely to grow while quantifying impacts of the efforts remain hazy at best, according to auditors.
Overall, state-funded and state-regulated energy incentive disbursements totaled $566 million between 2011-15, with the lion’s share being paid out from public utility company programs. They include programs like Rocky Mountain Power’s wattsmart and Dominion Energy’s Thermwise.
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