A Solid Investment
Both Oregon and Washington offer generous financial incentives
significantly offset the cost of investing in solar energy. Once installed your solar energy system is an investment that will pay dividends for years to come. Consult your tax professional to learn how federal and state tax credits apply to your specific project. The descriptions and information below are provided for information only, and do not constitute tax advice.
Energy Trust of Oregon Cash Incentive
The Energy Trust of Oregon offers a cash incentive to Oregon residents that varies with rated capacity of both the photovoltaic array and the electric utility serving the site. This incentive comes in the form of a check sent directly to us and applied to the cost of the installation up front, reducing your out of pocket cost. Incentive rates are subject to change, for more information and current incentive rates visit the Energy Trust website.
Federal Renewable Energy Tax Credit
A personal income tax credit equal to 30% of net system cost for solar energy systems. Net system cost for the federal income tax credit is defined as total system cost less the Energy Trust cash incentive. The federal personal tax credit has no maximum limit and excess credit may be carried forward to the next tax year. For more information refer to IRS Form 5695 or click here.