Divert Some Taxes Into Solar!
Oregon offers some of the country’s best solar incentives. You can knock a significant amount off the cost of your solar installation. Incentives are offered through the following resources:
- Energy Trust of Oregon
- Oregon Department of Energy
- Federal Government: 30% of the net cost, up to $2,000
Here’s a couple of residential energy tax credit examples:
| Solar Hot Water Example: | |
| System Savings: | 2,700 kWh annually, electric backup |
| $8,970 | Installed price |
| -$1,080 | ETO Incentive |
| $7,890 | Net price |
| -$1,500 | Oregon RETC |
| -$2,000 | Fed tax credit |
| $4,390 | Final cost |
| Solar Electric Example: 2 kWDC System | |
| $19,000 | Installed price |
| -$4,000 | ETO Incentive |
| $15,000 | Net price |
| -$6,000 | Oregon RETC |
| -$2,000 | Fed tax credit |
| $7,000 | Final cost |
There are also commercial tax credits available. And, if you don’t have a tax burden, pass through options exist to allow you to still reap the financial benefit of installing solar.
Email or Call us and we can provide some more extensive financial modeling showing solar payback for your situation.