2020 Oregon Commercial Solar Incentives
Energy Trust Of Oregon Solar Incentives
Portland General Electric:
$200 – $450 per kilowatt up to $35,000
Solar systems that are 15 kilowatts or less will receive an incentive amount of $450 per kilowatt.
Above 15 kilowatts, incentive amounts range between $200 – $500 per kilowatt.
$200 – $300 per kilowatt up to $20,000
Solar systems that are 15 kilowatts or less will receive an incentive amount of $300 per kilowatt.
Above 15 kilowatts, incentive amounts range between $250 – $350 per kilowatt.
Your system size is 10 kilowatts.
10 kilowatts x $450 = $4,500 Incentive Amount
In this example, your total system cost will be reduced by $4,500
Pacific Power Example:
Your system size is 15 kilowatts.
15 kilowatts x $300 = $4,500 Incentive Amount
In this example, your total system cost will be reduced by $4,500.
How to qualify for solar incentives:
4. Your system must be verified by an Energy Trust of Oregon tax inspector
5. Your system must meet the minimum requirement of 75% Total Solar Resource Fraction TSRF
Total Solar Resource Fraction (TSRF)
To be approved for this Oregon Solar Incentive, 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 for this incentive with our proprietary Solar Audit.
Federal Solar Investment Tax Credit (ITC)
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:
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
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
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