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Incentives

For Solar Program

Current Incentive Status Report

Only approved solar trade allies are eligible to offer Energy Trust incentives to their potential customers. Refer to our Program Guide to learn more about the incentive program structure. If you would like to join the approved solar trade ally network, you can apply to become a solar trade ally.

To view current incentive rates and allocation steps to properly quote systems for your potential customers, regularly check the Solar Incentive Status Report. To apply, submit through PowerClerk.

Residential

Energy Trust solar trade allies are expected to provide their customers with comprehensive information about incentives and financing of a solar project. This includes information about cash incentives and tax credits, which can lower the cost of going solar by up to 80 percent.

Note: Energy Trust provides technical assistance and financial incentives but does not develop, sell or install energy systems or equipment. This work is done by independent businesses that are solely responsible for the quality and performance of their installations.

For residential customers, Energy Trust offers cash incentives that reduce the upfront cost of installing a solar electric system. The incentive is paid to the contractor after the system has been completed. The incentive amount depends on the size of the system and the electric utility. To view current incentive rates and allocation steps to properly quote systems for your potential customers, regularly check the Solar Incentive Status Report.

Energy Trust keeps a portion of the Renewable Energy Certificates produced by projects that receive an incentive. Read this fact sheet for more information on Renewable Energy Certificates.

Incentive offers are subject to funding availability and may change at any time.

Third-party solar service providers: Please read and follow this information to determine whether your offer meets Energy Trust requirements and is eligible to receive cash incentives. Note that the incentives for third-party owned systems may be different than those for customer-owned systems.

A tax credit is a dollar-for-dollar reduction of the income tax you owe. Both the federal government and the state of Oregon offer income tax credits for homeowners who install solar energy systems. These tax credits are non-refundable, which means you must pay taxes to claim the credit(s).

All potential customers should consult their tax professional to learn how tax credits and rules may apply for their situation. This information does not constitute tax advice and cannot be used to avoid tax penalties.

Oregon Residential Energy Tax Credit (RETC): This state tax credit provides up to $6,000 per residence for installing a solar electric system. The credit is applied over four years—up to $1,500 per year—and limited to 50 percent of the cost of the system. View the tax credit application and requirements.

 

A tax credit is a dollar-for-dollar reduction of the income tax you owe. Both the federal government and the state of Oregon offer income tax credits for homeowners who install solar energy systems. These tax credits are non-refundable, which means you must pay taxes in order to claim the credit(s).

Federal Renewable Energy Tax Credit: This federal tax credit covers 30 percent of the cost of a solar electric system installed before December 31, 2019, and gradually steps down through 2021. Subtract the value of an Energy Trust incentive from the cost prior to calculating the 30 percent credit. View requirements and information on how to claim the tax credit.

Business

There are several types of incentives that can help reduce the cost of installing solar for your potential business customers: cash incentives, tax credits and depreciation, and special grants.

For business customers, Energy Trust offers cash incentives that reduce the upfront cost of installing a solar electric system. The incentive amount depends on the size of the system and the electric utility. The incentive rate for business solar electric systems gradually decreases as the system size increases, to account for economies of scale. To view current incentive rates and allocation steps to properly quote systems for customers, regularly check the Solar Incentive Status Report.

To determine the incentive for a potential project, you can scope out your system design in PowerClerk, or estimate your incentive below.

Estimate Your Incentive

Energy Trust keeps a portion of the Renewable Energy Certificates produced by projects that receive an incentive. Read this fact sheet for more information on Renewable Energy Certificates.

Energy Trust limits how much solar electric incentive funding a single customer may apply for in a single calendar year. Please check the Solar Incentive Status Report for current limits.

Incentives are subject to funding availability and may change at any time.

Solar for New Commercial Construction

Energy Trust can provide assistance with preliminary scoping and design. Take a look at our Solar Ready pages for more information.

A tax credit is a dollar-for-dollar reduction of the income tax you owe. The federal government offers a corporate tax credit and a special depreciation schedule for businesses that install solar energy systems. Nonprofit organizations and public entities are generally not able to use these benefits because they do not pay taxes.

All potential customers should consult their tax professional to learn how tax credits and rules may apply for their situation. This information does not constitute tax advice and cannot be used to avoid tax penalties.

Federal Energy Tax Credit: This federal tax credit covers 30 percent of the cost of a solar electric system installed before December 31, 2019, and gradually steps down to 10% by 2022. View requirements and information on how to claim the tax credit.

Federal Accelerated Depreciation: Businesses may depreciate the cost of a solar electric system following the five-year Modified Accelerated Cost Recovery System. Claiming accelerated depreciation can provide a tax deduction benefit that offsets up to 25 percent of the cost of the installation. The five-year depreciation schedule can be found in the most recent version of IRS Publication 946.

There are some federal, state and local grants available for solar projects that may be combined with Energy Trust incentives, but not all can be combined. Most grants use a competitive solicitation process to award funding. Read the application requirements carefully before proceeding.

Utility Grants

Oregon Grants

Federal Grants