| Business Energy Tax Credits for Solar |
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General Information
Oregon offers a tax credit of up to 50 percent, a maximum eligible cost, or $20 million, which ever is less. The tax credit is claimed over 5 years (10 percent per year). If the eligible project costs are $20,000 or less, the tax credit may be taken in one year.
- Apply for a preliminary certification before you begin the project.
- The application fee is 0.6% of the estimated system cost up to $35,000.
- Maximum eligible cost is determined differently for each technology and will be reduced over time.
- Preliminary certifications for PV and Solar Thermal (ST) are only valid for 12 months after which time the applicant will need to re-apply. Exemption: preliminary certifications for public building projects are valid for 36 months.
Businesses - Solar Electric Systems (PV)
All PV system must meet minimum technical requirements. The amount of the credit cannot exceed the maximum eligible cost which can be calculated using a downloadable spreadsheet (see below). The rate ($/W) will decrease automatically as the statewide cumulative total watts that pre-certified exceeds 4MW increments.
| Technical Requirements |
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PDF |
| PV Application |
Word |
PDF |
| Sun Chart worksheet |
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PDF |
| Maximum Eligible Costs Calculator |
Excel |
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Businesses – Solar Thermal Systems (ST)
All ST system must meet minimum technical requirements. The amount of the credit cannot exceed the maximum eligible cost which can be calculated using a downloadable spreadsheet (see below). The rate is based on the rated output of the collectors under “Oregon Standard Conditions” (SOC) The SOC rating of a collector is based on SRCC OG-100 test results. Collector ratings can be found on the SRCC website www.solar-rating.org.
| Technical Requirements |
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PDF |
| ST Application |
Word |
PDF |
| Sun Chart worksheet |
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PDF |
| Maximum Eligible Cost Calculator |
Excel |
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Businesses – Passive Solar & Day lighting
Business energy tax credits are available for building features that use solar energy to reduce heating, cooling, and lighting energy by 20%. Program materials are under development, contact Oregon Department of Energy for more information. (800) 221-8035.
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Favorite Files
Tax Credit-Certified Solar Technicians
Hiring Tips
Basic Solar Information
Solar Tax Credits FAQ
Sun Chart for PV and ST
ODOE Solar Web Pages
Solar Home Page
Business Solar Incentives
Solar Tour/Events
Solar Professionals
Solar Publications
Maximum Eligible Cost
Solar Thermal for 2008
Tier 1 = $220/kBtu
Tier 2 = $220/kBtu
Tier 3 = $220/kBtu
PV as of 8/28/08
Tier 1 = $8.30/WSTC
Tier 2 = $7.00/WSTC
(Click to enlarge)
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