Solar incentive and tax credit changes in 2014
Builders interested in providing solar technologies for home buyers should be aware of 2014 changes in Energy Trust residential incentives and the Oregon Department of Energy Residential Energy Tax Credits for solar electric systems.
The following changes went into effect January 1, 2014:
- Energy Trust now offers separate incentives for residential customer-owned and third-party-owned (leased) systems.
- Energy Trust incentive caps increased for residential customer-owned systems in both Portland General Electric and Pacific Power territories. Additionally, the per watt incentive rate has increased for customer-owned systems in PGE territory.
- The Oregon Department of Energy reduced the Residential Energy Tax Credit from $2.10 per watt to $1.90 per watt. The project cap of $6,000, or 50 percent of cost, remains the same.
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|PGE Residential Solar Electric Incentives:|
|Pacific Power Residential Solar Electric Incentives:|