Oregon Energy Trust Solar Incentives

Energy trust incentives and tax credits could offset up to 50 percent of system costs.

Oregon energy trust solar incentives.

Covers 30 percent of the cost after deducting the energy trust incentive of a solar electric system installed by december 31 2019. Federal energy tax credit. The oregon department of energy helps oregon individuals businesses nonprofits tribes and other organizations complete energy saving and renewable energy projects. Federal tax credits are non refundable which means you must pay taxes in order to claim the credit.

Learn about the oregon community solar program. Energy trust incentives and tax credits could offset up to 50 of system costs. Expert advice from a solar trade ally contractor is the best way to learn if solar energy makes sense for your facility. Energy trust makes it easy with technical assistance valuable incentives and personalized referrals to qualified local contractors.

Consult a tax professional to learn how tax credits and rules may apply to you. Cash incentives from energy trust oregon solar rebates and federal tax credits can offset as much as 50 percent of your solar installation costs. This information does not constitute tax advice and cannot be used to avoid tax penalties. Energy trust helps oregon residential business and nonprofit utility ratepayers use less energy save on energy costs and move to renewable resources.

Over time the energy trust will decrease this incentive when a certain amount of homeowners switch to solar power. For example the 4 6 kilowatt system for your home will get back 1 610in cash incentives through the energy trust of oregon. A tax credit is a dollar for dollar reduction of the income tax you owe. The program issues rebates for solar electric systems and paired solar and solar storage systems for residential customers and low income service providers in oregon.

If you own an individual condominium unit townhome duplex triplex or fourplex visit our multifamily page to view available cash incentives. Hb 2618 2019 created a new solar and solar plus storage rebate program at the oregon department of energy. Oregon gets plenty of sunshine for making solar power and it s more affordable than you may think. Learn about solar storage for backup power.

Learn about tax credits for solar water pool heating. Hb 2618 2019 created a new solar plus storage rebate program at the oregon department of energy. Energy trust makes it easy with technical assistance valuable incentives and referrals to qualified local contractors. Solar works in oregon.