Solar & Battery Regulation & Incentive Programs

Energy Conservation Tax Credits - Small Premium Projects (Personal)

Program Overview


Category:
Financial Incentive
Program Type:
Personal Tax Credit
Implementing Sector:
State
State:
Oregon
Eligible Storage Technologies:
Solar Water Heat, Water Heaters, Lighting, Heat pumps, Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Agricultural Equipment, Comprehensive Measures/Whole Building, Other EE, LED Lighting
Website:
http://www.oregon.gov/energy/BUSINESS/Incentives/Pages/EIP-SPP.aspx
Incentive Amount:
Varies by solicitation and technology sector
Maximum Incentive:
$7,000 per project
The sum of all incentives, grants, credits, or other public funds may not exceed total project costs
Eligible System Size:
Projects must cost less than $20,000
Equipment Requirements:
Varies by technology. See program website.
Administrator:
Oregon Department of Energy
Applicable Sectors:
Commercial, Industrial, Local Government, Nonprofit, Schools, State Government, Federal Government, Tribal Government, Agricultural, Institutional
Budget :
Approximately $2 million for August 1, 2016 - June 30, 2017
Expiration Date:
06/30/2017
Last Updated:
08/17/2016

Eligibility Criteria

EligibilitySectorsTechnologies
max %35.0000
Commercial
Industrial
Local Government
Nonprofit
Schools
State Government
Federal Government
Tribal Government
Agricultural
Institutional
Solar Water Heat
Water Heaters
Lighting
Boilers
Heat pumps
Air conditioners
Caulking/Weather-stripping
Duct/Air sealing
Building Insulation
Windows
Doors
Agricultural Equipment
Comprehensive Measures/Whole Building
Custom/Others pending approval
Other EE
LED Lighting
max $7000.0000
Commercial
Industrial
Local Government
Nonprofit
Schools
State Government
Federal Government
Tribal Government
Agricultural
Institutional
Solar Water Heat
Water Heaters
Lighting
Boilers
Heat pumps
Air conditioners
Caulking/Weather-stripping
Duct/Air sealing
Building Insulation
Windows
Doors
Agricultural Equipment
Comprehensive Measures/Whole Building
Custom/Others pending approval
Other EE
LED Lighting

Summary

The Oregon Department of Energy periodically releases Opportunity Announcements for tax credits for energy conservation projects. There is currently $2 million available in tax credits for conservation projects on a first-come, first-served basis. The maximum tax credit per project is $7,000. Projects must submit completed applications by June 30, 2017, with the form available on the program website listed above. 

The Energy Conservation Tax Credits program is set to sunset at the end of the 2017 tax year.  

Energy conservation projects include projects with investments for which the first year energy savings yields a simple payback period of greater than three years. Projects with a total cost of less than $20,000 may qualify for the Small Premium Projects program; larger projects can apply for the Competitively-Selected Projects program.   Tax incentive amounts vary with each Opportunity Announcement, but may not exceed 35% of project costs. 

Possible types of technologies include:

  • Adjustable flow irrigation pumping
  • Building envelope thermal improvement
  • Commercial greenhouses energy retrofits
  • Commercial lighting
  • Direct-fired radiant heating in high volume space
  • Ductless heat pumps with variable refrigerant flow
  • High performance homebuilding
  • Heat pump hot water heating
  • Industrial piping insulation
  • Outdoor LED lighting
  • Premium efficiency electric air conditioning equipment
  • Solar thermal water heating 

Qualifying project costs include: project components; fees to design or engineer the project; title searches, escrow fees, permits, licenses; materials and supplies needed for erection, construction, installation and acquisition of the project; work performed by employees or contractors that meet certain requirements; and certain legal fees related to the development of the project.  

Eligible applicants must be a trade, business or rental property owner with a business site in Oregon, or be an Oregon non-profit, tribe, or public entity that partners with an Oregon business or resident. Applicants must also own or be the contract buyer of the project and use the equipment or lease it to another Oregon business or resident. Check the program website for information regarding current solicitations, requirements, and application materials.

Under the Energy Incentives Program, tax credits may be transferred to a pass-through entity. More information and rules for pass through tax credits are available on the website. 


Authorities

NameEnacted DateEffective DateExpired Date
Oregon Laws 2011 Chapter 7308/5/20119/29/2011
Oregon Laws 2012 Chapter 453/16/20126/4/2012
OAR 330-210-0000 to 330-210-0150
ORS § 469B