Oregon Solar Panel Incentives

For portland general electric pge customers the incentive rate is a litter higher.

Oregon solar panel incentives.

The biggest trick is making sure we maintain funding for these excellent programs. The rate is also on a sliding scale. In addition to the state specific incentives mentioned above you can cut the cost of your solar panel system by 26 percent. From up to 15 kilowatts worth of solar panels you will get back 500 per kilowatt.

The program issues rebates for solar electric systems and paired solar and solar storage systems for residential customers and low income service providers in oregon. The maximum you can receive is 40 000 per solar panel system installed. Federal solar tax credit. Created in 2006 and funded by the oregon department of energy homeowners who installed solar panels prior to 2017 were eligible for a credit on state taxes at 1 70 w of installed capacity up to 6 000 making it one of the best solar incentives in the country.

Special requirements apply. Oregon gets plenty of sunshine for making solar power and it s more affordable than you may think. That is represented by the energy trust of oregon as supported by a fairly liberal legislature. With two new incentives available to homeowners in 2020 the cost of solar is at a new time low.

Portland general electric solar incentives. Cash incentives from energy trust oregon solar rebates and federal tax credits can offset as much as 50 percent of your solar installation costs. Oregon spent a decade building funding for its collective pv powered house. Solar works in oregon.

Current oregon solar incentives allow homeowners in the greater portland or area to lower the upfront cost associated with a brand new solar energy system. Oregon solar incentives 2020 for homeowners. The consensus on oregon solar power rebates and incentives. Get some tips on choosing a solar trade ally contractor and comparing bids.

The most significant incentive to install solar panels for homes and businesses in oregon is the federal solar tax credit at the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation. Hb 2618 2019 created a new solar and solar plus storage rebate program at the oregon department of energy. In oregon and washington financial incentives are available through many electric utilities to help make residential solar more affordable if you decide to own your own solar system.