OREGON COMMERCIAL
Incentives
2022 Oregon Commercial Solar Incentives
The 2022 state and federal incentives give Oregon business owners the opportunity to take advantage of incredible financial benefits when switching to solar.

Total Solar Resource Fraction (TSRF)
To be approved for certain Oregon Solar Incentives, the area of your property that will have solar installed on it must have a TSRF of greater than or equal to 75%. We can easily help you confirm whether or not you qualify with our proprietary Solar Audit.

Federal Solar Investment Tax Credit (ITC)
Your solar system must be installed before January 1st, 2023 in order to qualify for the entire 26% rebate. In 2023, this rebate will be reduced to 22%, and this incentive will be reduced to a permanent 10% in 2024. Below is a timeline of anticipated federal rebate changes.
2022: Owners of new commercial solar systems can deduct 26% of
the cost of the system from their federal tax obligations.
2023: Owners of new commercial solar systems can deduct 22% of
the cost of the system from their federal tax obligations.
2024-Onward: Owners of new commercial solar systems can deduct 10% of
the cost of the system from their federal tax obligations. The ITC vanishes for homeowners in 2024.
Understanding Cost
Calculation example 1:
$50,000 cost x 0.26 rebate = $13,000
Calculation example 2:
$100,000 cost x 0.26 rebate = $26,000

Rural Energy For America Grant Program
The REAP Program offers grants and guaranteed loans to rural businesses and agricultural companies throughout America. The grants are renewable energy-focused and include the purchase of commercial solar systems.
The REAP Program has 2 primary goals:
REAP Grant Terms:
The Rural Energy for America Program offers grants ranging from $1,500 to $250,000. Solar installations that exceed $200,000 must have a technical report and an onsite evaluation completed prior to starting the installation. Grant applicants must provide at least 75% of the total cost of the solar installation in order to qualify.
REAP Loan Terms:
Loan applicants must provide at least 25% of the total cost of the solar
installation in order to qualify
Who Is Eligible?
How To Qualify:
Qualified Locations
Agricultural producers can reside in either a rural or non-rural area.
Small non-agriculture businesses must be located in rural areas to
qualify. “Rural” is defined as a location that is not considered “a city or
town with more than 50,000 inhabitants.” Here’s an eligibility map to
determine whether your business resides in a qualified area.

How To Apply For REAP Grants and Loans
You can find the REAP Application here. Applications for grants, loans, and grant/loan combos are due by March 31st, 2021. Submit your application to your state office.
The REAP Program’s 3 Tiers
Tier 1: Solar installations that will cost less than $80,000
Tier 2: Solar installations that will cost more than $80,000 and less
than $200,000
Tier 3: Solar installations that will cost more than $200,000
Planning Is Critical

You Can Combine Solar Incentives
The REAP Grant can be combined with any of the other solar incentives
available to you. The REAP application requires you provide a funding commitment statement that includes any other solar incentives you’ll be taking advantage of. For this reason, you’ll want to be sure to
arrange other solar incentives first before applying to the REAP
Program.

What is Net Energy Metering?
Understanding Net Energy Metering
WHAT OUR CUSTOMERS ARE SAYING

