Oregon Energy Trust Solar Incentives

Federal tax credits are non refundable which means you must pay taxes in order to claim the credit.

Oregon energy trust solar incentives.

Nearly 1 500 oregon businesses generate solar energy to manage energy costs and be more sustainable. Learn about solar storage for backup power. Hb 2618 2019 created a new solar and solar plus storage rebate program at the oregon department of energy. The oregon department of energy helps oregon individuals businesses nonprofits tribes and other organizations complete energy saving and renewable energy projects.

Energy trust makes it easy with technical assistance valuable incentives and referrals to qualified local contractors. A tax credit is a dollar for dollar reduction of the income tax you owe. Hb 2618 2019 created a new solar plus storage rebate program at the oregon department of energy. Learn about tax credits for solar water pool heating.

Energy trust helps oregon residential business and nonprofit utility ratepayers use less energy save on energy costs and move to renewable resources. Energy trust makes it easy with technical assistance valuable incentives and personalized referrals to qualified local contractors. It doesn t happen quickly but it does happen and without warning. Oregon gets plenty of sunshine for making solar power and it s more affordable than you may think.

Federal energy tax credit. Solar works in oregon. Covers 30 percent of the cost after deducting the energy trust incentive of a solar electric system installed by december 31 2019. For example the 4 6 kilowatt system for your home will get back 1 610in cash incentives through the energy trust of oregon.

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. Cash incentives from energy trust oregon solar rebates and federal tax credits can offset as much as 50 percent of your solar installation costs. Choose an upgrade below to find incentives or download our full list of offers for oregon homeowners. Expert advice from a solar trade ally contractor is the best way to learn if solar energy makes sense for your facility.

Consult a tax professional to learn how tax credits and rules may apply to you. Over time the energy trust will decrease this incentive when a certain amount of homeowners switch to solar power. Learn about the oregon community solar program. If you own an individual condominium unit townhome duplex triplex or fourplex visit our multifamily page to view available cash incentives.