Solar Energy Incentives and Tax Credits in Oregon for 2009

Renewable energy is the talk of the times, but can you afford to take advantage of the sun’s energy? Are you planning to install solar panels on your roof? If you are a resident of Oregon, you might be interested the Energy Trust incentives and state and federal tax credits. Solar energy is more affordable than you think. Your savings will grow over the years as energy costs continue to rise. I have been researching information to start a new business and found this information very interesting. I thought you might too.

According to the Energy Trust of Oregon, Inc. website, they offer cash incentives for residential solar electric systems of up to $10,000. Energy Trust incentives, combined with Oregon state and federal tax credits, can cover up to 75 percent of the total cost of a solar electric system. Their website is located at:

http://www.energytrust.org/solar/residential/index.html

You can find a residential fact sheet to answer many questions at:

http://energytrust.org/solar/residential/forms/ResSolarNow.pdf

For more resources, expert advice or to register for a free workshop, visit the Solar Now! campaign at http://www.SolarNowOregon.org or call toll free 1-877-546-8769.

In addition, there are cash incentives for solar water heating systems:

• Homeowners:  up to $1,500 (incentives vary by system and average $1,000 for customers with electric water heaters and $500 for those using gas water heaters.
• Businesses: up to 35 percent of installation cost

http://www.energytrust.org/solar/water/index.html

Additional Oregon Homeowner Incentives for Renewable Energy can be located at:

http://www.dsireusa.org/library/includes/maphomeowner.cfm?State=OR&CurrentPageId=1&RE=1&EE=0