This page was last updated on 5/29/2018. These cash incentives and tax credits are not permanent and are subject to change.

 

1. Energy Trust of Oregon (ETO) Cash Incentives Energy Trust of Oregon

How does it work?

Energy Trust offers cash incentives that reduce the upfront cost of installing a solar electric system. If your installer is an ETO trade ally, they will understand the requirements and complete the application for you. These incentives are paid to your installer for the purpose of reducing your upfront cost. Sol Coast is proudly a Trade Ally with Energy Trust of Oregon.

Click here to download a PDF of the most updated solar incentive information.

For example,

If I am installing a 4.2kW solar PV system and I am a customer of Pacific Power, I can reduce my upfront cost by (4,200 watts X .50) =$2,100.00.

Is it time sensitive?

YES – ETO’s incentives will ramp down and will not be around forever! That means now is the time to let us reserve your ETO incentives. Click here for a free solar assessment.

 

 

2. Federal Investment Tax Credit (ITC)

Energy.Gov

How does it work?

This federal tax credit covers 30 percent of the cost of a solar electric system installed before December 31, 2019. Subtract the value of an Energy Trust incentive from the cost prior to calculating the 30 percent credit.

Is it time sensitive?

Yes!

Solar electric:

  • 30% for systems placed in service by 12/31/2019
  • 26% for systems placed in service after 12/31/2019 and before 01/01/2021
  • 22% for systems placed in service after 12/31/2020 and before 01/01/2022
  • There is no maximum credit for systems placed in service after 2008.
  • Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2021.
  • The home served by the system does not have to be the taxpayer’s principal residence.

 

 

Other Incentives you may qualify for:

Central Lincoln PUD : $500/kW up to $2,000

Coos-Curry Electric Co-op : CCEC does not offer an incentive to install solar at this time.