Commercial Solar Incentives in Oregon

This material has been prepared for informational purposes only. Greentech Renewables does not provide tax, legal, or accounting advice. Information displayed is not project-specific and will require an official written proposal by a certified installer. 

EWEB Solar Rebate Program

In Oregon, the Eugene Water & Electric Board (EWEB) has a solar electric rebate program of $0.50 per watt-AC, with a maximum of $12,500 per EWEB electric meter. Rebate amounts are based on the electrical output of the system after equipment and site losses are calculated. 

Local Property Tax Exemption 

Certain cities and counties in Oregon have set up Rural Renewable Energy Development (RRED) Zones where commercial renewable energy properties in these zones are eligible for a 3 to 5 year local property tax exemption. Learn more about RRED Zones and the local property tax exemptions here. 

Oregon Net Metering

Oregon's net metering program is available to any customer who generates electricity with their solar system. Through this program, you can receive credit for any excess energy your business' solar panels generate to use towards future utility bills, which significantly reduces or even eliminates your monthly bill if your system generates enough energy. 

OR business owners may also take advantage of the federal solar incentives available. 

Business Energy Investment Tax Credit (ITC)

The Business Energy Investment Tax Credit program allows businesses to claim 30% of their solar system costs as a federal tax credit. Additional tax credits are available depending on the district. 

Connect with a local installer to find out if you qualify for additional tax credits. 

Renewable Electricity Production Tax Credit (PTC)

Business owners in Oregon may take advantage of the federal renewable electricity production tax credit (PTC). This provides an inflation-adjusted per-kilowatt-hour (kWh) tax credit for electricity generated by qualifying energy sources. Projects under 1 megawatt (MW) can receive 1.5 to 2.75 cents/kWh depending on the type of facility. Projects over 1 MW will receive a base tax credit of 0.5 cents/kWh.

Keep in mind that solar project owners cannot claim both the ITC and PTC for the same property. Discuss with a solar installer to understand which tax credit incentive you should claim for your solar system.

Modified Accelerated Cost-Recovery System (MACRS)

Oregon business owners can take advantage of the Modified Accelerated Cost Recovery System (MACRS). This program allows business owners to recover some of the costs of solar panel installation through a five-year MACRS schedule.

Oregon Commercial Property-Assessed Clean Energy (C-PACE)

C-PACE is a financing program that allows approved commercial property owners to borrow money to pay for energy improvements without a large upfront cost coming out of the business' pocket.

Rural Energy for America Program (REAP Grant) 

The USDA's "Rural Energy for America Program," or “REAP,” offers a grant to cover 50% of commercial solar system costs to encourage agricultural and rural businesses to maximize their energy efficiency with solar.

This grant is only available if you own a small business in an area with less than 50,000 in total population. 

FIND OUT IF YOU QUALIFY!

When applied, these solar incentives have the potential to significantly reduce the cost of installing a solar system. Connect with a local Oregon installer to see which federal incentives can contribute to your solar system!

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