Why go solar in Oregon
Oregon is a great state in which to go solar. Oregon homeowners are fortunate to have a wide range of programs that leverage the benefits of solar power generation to 1) reduce energy bills, 2) earn tax*** rebates and exemptions, and 3) make a positive environmental impact. You may also be eligible for some great incentives in the Beaver State.
Residential Solar incentives in Oregon
Oregon’s largest utilities offer net metering at a one-to-one ratio. Net metering is one of the biggest benefits to solar owners. It allows eligible homeowners to sell excess energy back to their utility. Unused credits will accumulate in your utility account. This means credits accumulated during sunny summer months can be applied to charges during Oregon’s cloudy winter months. Customers who are already eligible for a utility incentive can be eligible for a rebate of $.20 per watt up to a cap of $5000.
Oregon homeowners are also eligible for the Solar Investment Tax Credit (ITC). The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.