Solar Panel Incentives 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.

Solar panel incentives oregon.

Thank you to the nearly 600 000 oregonians who participated in the program since 1977. Cash incentives from energy trust oregon solar rebates and federal tax credits can offset as much as 50 percent of your solar installation costs. The most significant incentive to install solar panels for homes and businesses in oregon is the federal solar tax credit. Your energy trust cash incentive will be applied to the cost of your solar installation upfront like a coupon reducing the amount you pay your contractor.

Energy trust helps protect your investment by reviewing the plans for your system before construction. They are also the state s largest provider when it comes to incentives. It s a step in the right direction though available funds are lacking. We estimate just 400 homeowners may benefit before funding is exhausted in 2020.

At the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation. Oregon gets plenty of sunshine for making solar power and it s more affordable than you may think. Energy projects may also be eligible for other state and federal incentive programs. Allow the professionals to install and verify your system.

Oregon s new rebate program targets low and moderate income residents. From ductless heat pumps to rooftop solar to electric vehicle chargers your energy efficient improvements have made a big difference saving money saving energy and. Hb 2618 2019 created a new solar plus storage rebate programat the oregon department of energy. Created in 2006 and funded by the oregon department of energy homeowners who installed solar panels prior to 2017 were eligible for a credit on state taxes at 1 70 w of installed capacity up to 6 000 making it one of the best solar incentives in the country.

Unfortunately these incentives are not available to every oregonian. The oregon department of energy s residential energy tax credit program ended in 2017. Electric vehicles in oregon energy trust of oregon. Hb 2618 2019 created a new solar and solar plus storage rebate program at the oregon department of energy.

In most of the state of oregon solar cash incentives for solar panel systems are provided by the energy trust of oregon.