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Solar Incentives


There are 2 resources available lower your Photovoltaic Systems cost by up to 50%:

Federal Energy Tax Credit: Covers 30 percent of the cost of a solar electric system installed by December 31, 2019.

Energy Trust incentive, your trade ally will also complete your application for an Oregon Residential Energy Tax Credit.View the requirements.


Residential Energy Tax Credit Program

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.

New 2018 Energy Trust of Oregon Incentive


Engery Trust of Oregon

https://www.energytrust.org/programs/solar/


Solar Incentive Status Report - click for full report



Solar Incentives

Incentives are subject to change, please check for most current rates at the above link.

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.

On-Bill Repayment

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

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/


Federal Residential Renewable Energy 30% Tax Credit

https://energy.gov/savings/residential-renewable-energy-tax-credit
http://www.energystar.gov/taxcredits 
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


Solar for Your Home

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.

Financing Options

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.

Your local bank:

Umpqua Bank - GreenStreet Lending
Umpqua Bank
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
Oregon Community Credit Union
https://www.myoccu.org/

State of Oregon Energy Loan Program 
Oregon Dept of Engery
https://www.oregon.gov/energy/At-Work/Pages/Energy-Loan-Program.aspx 
503-378-4040 • 800-221-8035 • ODOE_EnergyLoan@oregon.gov

Visit the website of a solar lender
Northwest Solar Communities
Northwest Lender Directory for Home Solar Projects
You can save 20%-30% on your electric bill OR eliminate it completely

Additional Incentives

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.