The incentives for residential Solar Electric have never been better.
Contact us to see how Incentive programs can cover
the entire cost of your solar installation. Starting July 1st there are two
programs which can significantly reduce the project cost of installing
solar electric and solar hot water. Both incentive paths use the Federal
tax credit for renewable energy which covers 30% of the system cost.
Our
solar electric pricing starts at $6.00 per installed watt and can be reduced
significantly for larger systems. For an accurate estimate of your solar
project please contact us.
Incentive Path - Oregon Energy Trust
The path that uses the Energy Trust of Oregon in combination with the State of Oregon tax credits reduces the up front cost of installing solar but the long term payout is less. You can click Here to estimate the amount of incentives and energy production for your project.
| Example of 2 kw System | Example of 5 kw System | |||
| Installed cost | $12,000 | Installed cost | $27,500 | |
| Energy Trust Cash Incentive | -$3,500 | Energy Trust Cash Incentive | -$8,750 | |
| Oregon State Tax Credit | -$6,000 | Oregon State Tax Credit | -$6,000 | |
| Federal Tax Grant | -$2,550 | Federal Tax Grant | -$5,625 | |
| Net Project Cost | $0 | Net Project Cost | $7,125 | |
Incentive Path - Oregon Feed in Tariff
The Oregon solar Feed in Tariff is a new pilot program put in effect to boost interest in renewable energy by allowing an investor to make a profit when they install solar electric systems in Oregon. The incentive program guarantees a set price for each KWH produced for the next 15 years. Currently the rate is set at $.65 per KWH for systems under 10KW and $.55 per KWH for most systems over 10KW. Listed below are some examples of what's possible:
| Example of 5kw System | Example of 10kw System | |||
| Installed cost | $30,000 | Installed cost | $50,000 | |
| Federal Tax Grant | -$10,000 | Federal Tax Grant | -$15,000 | |
| Net Project Cost | $20,000 | Net Project Cost | $35,000 | |
| 15 year value of energy | $48,750 | 15 year value of energy | $97,500 | |
The program will go in to effect July 1, 2010. To get more information about the Oregon Feed in Tariff try these links:
Wind project owners in Oregon benefit from incentives that will cover most of the project cost, A set price for electricity, and energy independence. The incentives for wind in Oregon come from three sources. The energy trust of Oregon incentives vary by model but all of them can be found at the Energy Trust of Oregon's website. The State of Oregon Residential Energy Tax credit will cover $6,000 of the project cost, and the Federal Tax credit for renewable energy will cover 30% of the project cost minus the Energy Trust Incentive.
Check out our great wind turbines from Endurance Wind Power.
There are many resources and incentives available for tuning up your homes energy performance.
As a Trade ally of the Energy Trust of Oregon, a Building Performance Institute certified contractor and a Home Performance with Energy Star contractor we will make sure you get every available incentive for your project.
Home Performance Incentives