Residential 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
Over 11,000 homeowners across Oregon are making their own solar power. Join them in taking control of your energy costs—and improving your home’s value—with clean, renewable energy from the sun.
*Administered by Energy Trust of Oregon. Used in conjunction with Federal Tax Credits
Federal Tax Credits
After passage of the Inflation Reduction Act, the residential solar Investment Tax Credit (ITC) will be 30% for projects that begin construction in 2022, step down to 26% in 2033, another step down to 22% in 2034 and ending in 2035 for residential projects.
The ITC for commercial projects under 1MW is 30% until 2033, 22.5% until 2035, phasing out in 2036. These projects are eligible for adders for projects that use domestic content and benefit low-income or energy communities. Read more details here.
The ITC for large-scale project over 1 MW is 6% through 2033, 4.5% through 2034, 3% through 2035 and phasing out in 2036. These projects are eligible for adders for projects that use domestic content, meeting labor requirements, and benefit low-income or energy communities. Projects under 5 MW are eligible for additional adders for projects that benefits low-income communities. Read more details here.
Federal tax credits are a % of system costs of the total system cost after incentives (e.g. Energy Trust or Solar Rebate). These tax credits can be taken in the year the system is operational or can be carried forward if the credits exceed tax liability.
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 US Dept. of Energy's website regarding the Residential Renewable Energy Tax Credit.
Visit website >