![]() “We hope that the immediate savings in the form of a rebate, plus the long-term savings of making your own electricity, make solar and storage options more accessible for more Oregon families.” “We’re excited to offer a program that expands access to clean, renewable energy,” said ODOE Director Janine Benner. For low-income service providers, the rebate is capped at 50 percent of the net cost. For higher-income Oregonians, the rebate is capped at 40 percent. Eligible low- and moderate-income Oregonians can receive rebates that cover up to 60 percent of the net cost of the system. At least 25 percent of rebate funds each year will be reserved for low- or moderate-income residential customers and low-income service providers. The program has a special focus on expanding access to renewable energy to Oregonians who may not otherwise be able to afford the investment in solar. Low-income service providers – such as nonprofits, municipalities, or other organizations serving low-income Oregonians – are eligible for rebates up to $30,000 for solar plus $15,000 for paired storage. Homeowners are eligible for rebates up to $5,000 for solar and an additional $2,500 for paired energy storage installed together. Rebates are issued to ODOE-approved contractors, who pass the full amount of the rebate on as savings to their customers. The program offers rebates to residential customers and low-income service providers that install solar or solar and paired energy storage systems (batteries). The Oregon Solar + Storage Rebate Program was established by the Oregon Legislature in summer 2019 ( HB 2618). Please call (888) 454-9979 or click here to get started.SALEM - The Oregon Department of Energy announced today a new solar and energy storage rebate program serving Oregonians across the state. Our team is ready to ensure you get all the possible incentives in your area. We are an online marketplace that makes going solar hassle-free while saving you over $4,000 more than if you went directly with an installer. With Oregon offering incentives on both the state and local levels now is a better time than any to switch to solar (don’t forget about the 30% federal solar tax credit as well)! If you are considering solar we encourage you to reach out to one of our solar educators. More rebates will surely begin losing funding as the state gets closer to reaching its RPS goals, so in some cases, it may be advantageous to make the move to solar sooner rather than later. Unfortunately, this program closed in March of 2016 and the utility has yet to commit to reopening the program. In 2016, Pacific Power promoted a strong rebate program of $600 per kW with a maximum incentive of $6,000. Funding for these programs won’t last forever though. Most utilities offer incentives based on system size and incentives can range anywhere from $400 to $750 per kW. These rebates are distributed through Oregon electric utilities, and, depending on the program, can pay for a significant portion of your system. In addition to the statewide solar power tax credit, The Oregon Energy Trust also offers financial incentives to homeowners in the form of rebates. If you qualify for the maximum incentive amount your credits will rollover to the following year until all your credits have been exercised. However one should keep in mind that the maximum credit that can be exercised in one year is $1,500. ![]() These are credits, not deductions, and represent a one-to-one reduction of your annual tax appetite. This means if you install a 4 kW system you will be able to enjoy the maximum incentive amount. The Oregon solar power tax credit is one of the most attractive in the country and offers homeowners $1,500 per kW of installed solar up to $6,000. The most popular financial incentive offered by Oregon for solar homeowners is the state solar tax credit. This article will explore two of the most consequential state incentives available to homeowners. So if you are a homeowner in Oregon, making the switch to solar may be easier than you think. ![]() These stringent RPS targets have led to the statewide adoption of financial incentives that encourage Oregon homeowners to go solar. This means in 2016 alone, 8% of energy sold by Oregon electric utilities was required to be renewable energy. As of 2016, the state of Oregon has adopted some of the most aggressive renewable portfolio standards (RPS) in the country –with an 8% solar carve-out. Are you a homeowner in Oregon who is considering making the move to solar? If you answered yes to this question making the switch to solar may be easier than you think.
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