This page was last updated on 6/8/2017. 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.

 

I’m a customer of: Incentive/watt Maximum incentive per home
Pacific Power $0.35/watt
$2,450
     

 

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 .35) $1,470.

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. Oregon Residential Energy Tax Credit (RETC)

How does it work?

Oregon Department of Energy

After your system is installed, you may submit an application for the RETC. The credit is based on $1.30 per watt of installed capacity (DC) up to $6,000 per residence taken over four years ($1,500 per year) limited to 50 percent of the cost of the system. Your system must be installed according to minimum requirements, and your installer must be familiar with the Oregon Department of Energy (ODOE) requirements.

Is it time sensitive?

Yes! Click here to learn more about RETC.

 

3. Federal Energy Tax Credit

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.

 

Home Performance and Solar Assessment Package

Home Performance and other tax credits info coming soon!

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.