The Complete Guide to Oregon Solar Incentives
Considering solar panels in Oregon? With more than 250+ sunny days per year and some of the top solar incentives in the US. Its no wonder why so many are switching to solar in The Beaver State!
In this article we'll explain the top solar incentives & local programs available to Oregon home & business owners.
Read on to learn more or enter your zip code below to see exactly which solar incentives & programs your home qualifies for!
Enter your zip code to see which Oregon Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
What Are Oregon Solar Incentives?
Solar incentives are financial programs and policies implemented in Oregon to promote the adoption of solar energy systems. These incentives aim to make solar installations more affordable and accessible for homeowners and businesses, reducing upfront costs and accelerating the return on investment. They include tax credits, rebates, grants, and net metering programs, empowering residents and businesses to save money, increase energy independence, and contribute to a cleaner and more sustainable future. Some solar programs in Oregon even offer free installation of solar panels, providing additional opportunities to harness the benefits of renewable energy.
Federal Solar Investment Tax Credit (ITC)
The Federal Investment Tax Credit (ITC), also known as the Green Energy Tax Credit, offers significant advantages to Oregon residents. This generous incentive, provided by the U.S. federal government, enables homeowners and businesses in Oregon to substantially reduce the cost of installing their solar energy systems. By taking advantage of the ITC, Oregonians can claim a tax credit of 30% of the total solar cost, easing the financial burden and expediting the adoption of clean, renewable energy. This exclusive incentive reflects Oregon's commitment to fostering sustainable practices and empowering its residents to embrace solar power.
Solar Net Energy Metering (NEM)
Solar net energy metering in Oregon is a program that benefits both home and business owners with solar systems. It allows them to receive credits for any excess electricity they generate and contribute back to the grid. When their solar panels produce more energy than needed, the surplus is fed into the utility grid, resulting in credits on their electricity bills.
By participating in the net metering program, Oregon solar owners can maximize the financial advantages of their solar investment. They only pay for the net energy consumed from the grid, effectively reducing their energy costs. This program promotes the efficient use of renewable energy, empowering homeowners and businesses to actively contribute to Oregon's clean energy objectives.
Solar Property Tax Exemptions
In Oregon, solar panels are exempt from property taxes, meaning that their installation does not increase the property tax assessment. This exemption allows homeowners and businesses to invest in solar energy systems without facing additional tax burdens. By encouraging the adoption of solar power, this policy supports the growth of renewable energy and incentivizes property owners to embrace sustainable practices while increasing the value of their property.
Enter your zip code to see which OR Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
Local Oregon Solar Programs
Oregon is home to communities dedicated to sustainable practices, and we celebrate the local solar programs and initiatives that showcase their commitment to renewable energy. From grassroots organizations to non-profit initiatives, these programs highlight the proactive steps taken by Oregonians to make solar power more accessible and affordable. These efforts contribute to a brighter and more sustainable future for the state, and we commend the communities for their commitment to embracing solar energy.
USDA REAP Grant
The USDA REAP Grant is a program that helps farmers and small businesses in rural areas transition to renewable energy, including solar power. It offers loan assistance for clean energy systems, making it easier for businesses to fund their solar projects. By providing their contact information to the USDA and submitting a solar project plan, businesses can access grants and funding without the need for their own search or negotiations. This program supports the installation or upgrade of renewable energy sources and simplifies the funding process for businesses in rural Oregon.
The Oregon Solar Rebate Program
The Oregon Solar + Storage Rebate Program offers rebates for solar electric systems and solar and storage systems to residential customers and low-income service providers in Oregon. Approved contractors receive the rebates, which are then passed on to their customers, providing financial savings. The program has a budget of $8,366,152, with $6,050,000 specifically reserved for low- and moderate-income individuals. These rebates aim to incentivize the adoption of solar energy and storage, making renewable energy more accessible and affordable for Oregon residents.
Oregon Energy Trust Solar Rebates
The Energy Trust of Oregon (ETO) provides cash rebates to homeowners and businesses who are customers of Portland General Electric (PGE) or Pacific Power (PP) as an incentive for installing new solar systems. The installed solar system must meet all relevant standards and carry warranties on all components, while also complying with codes and site criteria. The rebate amounts offered are $500 per project for PGE customers and $600 per project for Pacific Power customers.
Enter your zip code below to see which Oregon Solar Rebates you qualify for!
Do I Qualify?
Please enter a zip code
Going Solar in Oregon
Oregon is a great place for solar energy with its abundant sunshine and favorable climate. By adopting solar power, residents and businesses in Oregon can reduce their reliance on traditional energy sources and save money on electricity bills while contributing to a greener environment. With various solar incentives and programs available, going solar in Oregon is both financially beneficial and environmentally responsible.
Start the switch to solar today and explore all of your solar options with a Solar Savings Quote from EcoGen America, Oregon's top rated solar energy company.
Make the switch to solar and start saving!
Contact our team of local solar advisors and see how much you can save on your electricity bill.
- You may be eligible for FREE Installation
- All quotes are 100% free with no obligation.
Want to see how much you could save with solar in Oregon?
Use our Free Solar Savings Calculator to see your potential savings by switching to solar.