Commercial Incentives
PV Incentives
Oregon Solar + Storage Rebate
Thanks to the hard work and advocacy of OSEIA and our partners in the Oregon Legislature, Oregon now has a Solar + Storage Rebate for homeowners and low-income service providers. This rebate is available for solar contracts signed on or after January 1, 2020.
The program has limited available funds in the first two years so not every solar project will receive a rebate. Work with a solar company now to reserve your rebate!
Note -this rebate is an Oregon state incentive. Your project may also qualify for the Federal Investment Tax Credit, which is a separate Federal incentive.
PV Utility Rebate Programs
Across the state, businesses are generating solar energy to manage their operations costs and be more sustainable. Energy Trust makes it easy with technical assistance, valuable incentives and referrals to qualified local contractors. Energy Trust incentives and tax credits could offset up to 50 percent of system costs.
*Administered by Energy Trust of Oregon. Used in conjunction with Federal Tax Credits
Federal Tax Credits
The solar ITC will remain at 26% for projects that begin construction in 2021 and 2022, step down to 22% in 2023, and down to 10% in 2024 for commercial projects while the residential credit ends completely. Companies beginning construction on projects in 2021 would still have a four-year period to place their projects in service to take advantage of the ITC, with the statutory deadline for projects placed in service reset to before Jan. 1, 2026.
1.5% for Green Energy Technology in Public Buildings
The Oregon Department of Energy submitted final rules to the Secretary of State on December 19, 2019 to implement House Bill 2496, which updates the 1.5 Percent for Green Energy Technology program. The permanent rules will be effective January 1, 2020.
Oregon State Net Metering and other rebate programs
Oregon has a combination of IOU Utilities along with Coops and other models. Check out the variety of rules and programs as it applies to all areas of the state.
Thermal Incentives
Federal Tax Credits
The Federal Tax Credit is equal to 26% of expenditures, with no maximum credit. Eligible solar energy property includes equipment that uses solar energy to generate electricity, to heat or cool (or provide hot water for use in) a structure, or to provide solar process heat. Hybrid solar lighting systems, which use solar energy to illuminate the inside of a structure using fiber-optic distributed sunlight, are eligible. Passive solar systems and solar pool-heating systems are not eligible.
Visit the US Dept. of Energy's website regarding the Federal Business Energy Tax Credit (ITC).
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