Oregon Department of Energy’s Residential Energy Tax Credit
Contact the RETC Team: 503-378-4040 OR 800-221-8035, Email: askRETC@oregon.gov OR visit State Website for addition tax incentive explanations.
With the Oregon Department of Energy’s Residential Energy Tax Credit, homeowners or renters can apply for a tax credit on their personal Oregon income taxes for purchasing eligible energy-efficient products and energy systems for their homes.
Rates effective January 1, 2017.
Device & Efficiency Measure (EM) & EM Level & Tax Credit Amount
Solar Electric (Photovoltaic): $1.30 per watt of installed capacity of direct current, up to $6,000 ($1,500 per year over four years).
Solar Space Heating (Passive or Active): $0.60 per first-year energy yield in kWh, up to $1,500
Solar Domestic Water Heating: $2.00 per first-year energy yield in kWh, up to $6,000
Solar Pool Heating: $0.20 per first-year energy yield in kWh, up to $2,500
Solar Spa or Hot Tub Heating: $0.15 per first-year energy yield in kWh, up to $1,500.
Lower your upfront project costs and start saving energy sooner with incentives and affordable financing repaid on your energy bill.
Energy Trust works with local non-profit lender Craft3 (NMLS ID#390159) to provide an on-bill repayment option and preferred rates for energy-efficiency improvements that qualify for Energy Trust incentives.
Lower your upfront project costs and start saving energy sooner with incentives and affordable financing repaid on your energy bill. Energy Trust works with local non-profit lender Craft3 (NMLS ID#390159) to provide an on-bill repayment option and preferred rates for energy-efficiency improvements that qualify for Energy Trust incentives.
Homeowners in Oregon:
Savings Within Reach
Heat Pump Upgrade
Homeowners in Washington:
Home Energy Upgrades – NW Natural Customers
Enhabit offers Energy Trust cash incentives as part of a comprehensive package of rebates to reduce your upfront and total project costs.
Enhabit’s network of financial lenders provides a wide variety of loan options—including zero-money down financing and on-bill financing—for improving the performance, comfort, efficiency, health and safety of your home within your budget.
Visit Enhabit : https://enhabit.org/
Contrary to popular belief, Oregon has as much solar solar access the national average and some of the best net metering laws in the country. Net metering allows for acceptance of power into the grid for exchange for a utility credit. The State of Oregon, the Energy Trust of Oregon and the federal government also provide generous incentives and tax credits for installing solar electric systems
Over 10,000 homeowners across Oregon are making their own solar power. Join them in taking control of your energy costs—and improving your home’s value—with clean, renewable energy from the sun.
When you’re ready to invest in your home’s efficiency, take advantage of low-cost financing solutions specifically designed for homeowners. Many local organizations offer financing options that can help reduce upfront project costs to help you complete energy-efficiency and renewable energy home upgrades.
Some financing options may be dependent on the location of your home, income level, utility providers or other factors.
Umpqua Bank - GreenStreet Lending
Kelly Moore & Ian Sigmund (503) 227-1262, KelliMoore@UmpquaBank.com.
This is our HELOC product for customers looking to make energy saving improvements. The loan amounts vary from $5,000-$150,000. Loan fees, closing costs & pre-payment penalties are waived. Currently, the annual percentage rate on this product is 4.00% with a 0.50% rate increase without auto-pay from an Umpqua Bank account. As of 4/1/17
Oregon Community Credit Union
State of Oregon Energy Loan Program
503-378-4040 • 800-221-8035 • ODOE_EnergyLoan@oregon.gov
Visit the website of a solar lender
Northwest Lender Directory for Home Solar Projects
You can save 20%-30% on your electric bill OR eliminate it completely
Earn $500 for each referral to a friend who goes with Solar Ki, LLC
McKenzie River Trust – Partnership. All new installations Solar Ki, LLC will donate $250.00 to McKenzie River Trust.