Solar & Battery Regulation & Incentive Programs
Eligibility | Sectors | Technologies |
---|---|---|
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 |
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:
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.
Name | Enacted Date | Effective Date | Expired Date |
---|---|---|---|
Oregon Laws 2011 Chapter 730 | 8/5/2011 | 9/29/2011 | |
Oregon Laws 2012 Chapter 45 | 3/16/2012 | 6/4/2012 | |
OAR 330-210-0000 to 330-210-0150 | |||
ORS § 469B |