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Solar Electric Cash Incentives and Tax Credits


Oregon residential solar tax credits can help reduce the total cost of your solar installation. Depending on whether or not your utility company participates in the cash incentive program with Energy Trust of Oregon, you can likely claim 3 forms of solar incentives for installing a solar system on your home. The incentives and tax credits are outlined below.

Cash Incentives

Energy Trust of Oregon Incentive

Currently the Energy Trust of Oregon offers a cash incentive of $.55 per watt immediately taken off the total cost of the project if your home is in Pacific Power or Portland General Electric territory. Basically, if you pay Pacific Power or PGE each month for electricity, your home will qualify for this incentive. The ETO incentive is immediately taken off the total project cost. In the graphic below this incentive is noted as “Utility Cash Incentive.”

Tax Credits

Federal Tax Credit

Homeowners can apply for a federal tax credit for 30% of the total system cost to be filed during the same year the installation  and interconnection (when the system is live, connected to the utility meter, and passed all inspections) is completed. For example, an installation and interconnection  completed on December 29, 2017 can be claimed on your 2017 taxes which are filed by April 15, 2018 as a credit.

Oregon State Tax Credit

Expiring on December 31, 2017 Oregon State currently offers a tax credit of up to $6,000 to be taken over 4 years. For example, the same homeowner whose installation completed on December 29, 2017 can claim up to $1500 on  their 2017, 2018, 2019, and 2020 Oregon state taxes.