Commercial

Key deadlines nearing for Oregon Department of Energy tax credits


Oregon State capitol building at sunsetIn less than two months, many of the energy incentive programs overseen by the Oregon Department of Energy (ODOE) are scheduled to sunset or move to other state agencies.

Programs scheduled to sunset:

  1. Residential Energy Tax Credits – eligible RETC devices purchased by December 31, 2017 and operational by April 1, 2018 can receive a RETC as long as the final application is received by ODOE by June 1, 2018. For solar photovoltaic projects, applications must be entered into PowerClerk by a tax credit certified technician on or before December 31, 2017.
  2. Conservation and Transportation Tax Credits – Oregonians who have already applied for tax credits through the Energy Incentives Program’s previously-open opportunity announcements will need to have projects completed and operational by the end of the applicant’s 2017 tax year. Applicants who wish to sell earned tax credits must also complete that transaction before the end of the purchaser’s 2017 tax year.
  3. Biomass Producer and Collector Tax Credit – the tax credit program for all feedstocks sunsets at the end of the applicant’s 2017 tax year and ODOE must receive applications within 60 days of the end of that tax year. The Oregon Department of Agriculture will administer a new program focused on dairies that collect manure for biofuel. That program will begin with the 2018 tax year.

The State Home Oil Weatherization Program, which offers cash incentives for certain energy efficient projects in Oregon homes, will be transferred to Oregon Housing & Community Services on January 1, 2018.

ODOE is conducting a rulemaking this fall to ensure a smooth transition to OHCS. The rulemaking will also make some slight changes to the program. More information is available on ODOE’s website.

More information about ODOE’s incentive program sunsets.

ODOE will continue to offer programs that help ensure Oregon’s clean and sustainable energy future – from grants that fund renewable energy projects, to energy facility siting and oversight, to nuclear safety and emergency preparedness. Visit ODOE online to learn more.