What Solar Incentives Are Available in Oregon?
There are many solar incentives in Oregon that help reduce the cost of your system. The state also has a tax credit for new construction or your primary residence. These can be applied to your tax payment and carry over to the next year. website
What are the solar tax incentives in Oregon?
One of the most beneficial incentives in Oregon is net energy metering. This program allows you to receive full credit for the excess electricity your solar panels produce. It saves you money, and it can shorten the payback period of your solar system.
Another excellent solar incentive in Oregon is the Energy Trust. They offer cash rebates that are generally paid directly to the solar contractor. Their program also includes the Solar Within Reach program, which helps low-income households.
In addition to these two main incentives, you may be able to find local incentives in your area. Check with your local government to see if there are any available. You can also look into solar incentives offered by your utility company.
Pacific Power has an excellent program that offers a flat rate of $600 per project. However, the incentives are limited. If you have a 4-kW solar system, you can receive a maximum incentive of $6,000.
Oregon’s Energy Trust has a program that provides cash incentives to homeowners. The program is available to low-income households and homeowners with solar + storage systems.
In order to qualify, you must be a customer of PGE or Pacific Power. The rebate is calculated on a per-watt basis. Your system must be at least 1,000 watts, and it must be grid-tied.