Energy Trust provides incentives towards the construction costs of biopower, geothermal, or hydropower projects. Incentive levels are based on a project’s cost in comparison to the market value of the energy produced, or “above-market cost”. A potential installation incentive is based on a net-present value assessment that accounts for all the project’s costs and revenues. In return for funding contribution, Energy Trust asks for a negotiated share of the project’s Environmental Attributes (e.g. Renewable Energy Certificates), which are held in trust for the ratepayers who pay the public purpose charge that funds their work. To be eligible for an Energy Trust incentive, projects must be less than 20 MW in nameplate capacity and be located in the service territory of, or deliver power to, Portland General Electric or Pacific Power in Oregon.
Incentives are subject to funding availability and may change.
Energy Trust offers cash incentives that reduce the upfront cost of solar installations. The incentive amount depends on the size of your system and your electric utility. Incentives are subject to funding availability and may change at any time.
Commercial
Portland General Electric $15,000 max. $0.15/watt
Project size cap: 480 kW-DC
Pacific Power $15,000 max. $0.15/watt
Project size cap: 480 kW-DC
Residential
Portland General Electric $400 per project
Pacific Power $450 per project
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Oregon |
| Incentive Type: | Grant Program |
| Web Site: | https://www.energytrust.org/renewable-energy/ |
| Administrator: | Energy Trust of Oregon |
| Start Date: | May 2002 |
| Eligible Renewable/Other Technologies: |
|
| Maximum Incentive: | 50% of eligible costs up to $200,000 |
| Equipment Requirements: | Commercial technology projects that can be replicated elsewhere. |
| Installation Requirements: | Must be in or able to deliver power to the service territory of either Portland General Electric or Pacific Power; off grid projects are not eligible. Projects must be less than 20 MW in capacity. |
| Name: | Josh Reed |
| Organization: | Energy Trust of Oregon |
| Address: |
421 SW Oak Street, Suite 300 Portland OR 97204 |
| Phone: | (503) 445-2954 |
| Email: | joshua.reed@energytrust.org |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
Copyright © 2023 EnergyBot • All rights reserved.
1601 Bryan St Suite 900, Dallas, TX 75201
