Energy Trust helps make
solar energy affordable and
easy to install in your home
or business.
Cash Incentives*
If you're an Oregon customer
of Pacific Power, Portland
General Electric, NW Natural or Cascade
Natural Gas our qualified contractors
can help you install a solar water
heating system on your home
or business. We offer the following
incentives:
PGE/Pacific
Power using electric
water heating
NW
Natural/Cascade using gas
water heating
Maximum incentive limit
Residential hot water
$0.40 per first-year kWh savings (average incentive is $800)
$0.30 per first-year kWh savings (average incentive is $600)
In addition to Energy Trust
incentives, Oregon state energy tax credits
and federal tax incentives are available
to help cover much of the cost of a solar
water heating system.
-
A federal
income tax credit of
30% of net installed cost,
up to $2,000. Note: solar
pool heating systems are
not eligible for the federal
investment tax credit.
Commercial
- A state business energy tax credit through
the Oregon Department of
Energy of up to 35% of system
cost, applied over 5 years. Credit
typically ranges from 20-25%
of system cost. Solar domestic
hot water and solar pool
heating systems are eligible.
- A federal
investment tax credit of
30% of installed cost, and
accelerated depreciation. Note:
solar pool heating systems
are not eligible
for the federal investment tax credit.
*Incentives
subject to change
Photo Top: Solar panels heat water for one of the single-family homes and a duplex at Calapooia Crossing in Sutherlin, OR.
