Multifamily properties of all sizes can benefit from reducing energy consumption and cutting operational costs. Now there are new ways for property owners and managers to reduce costs. Energy Trust of Oregon recently updated cash incentives for eligible, energy-saving equipment to help make energy upgrades more affordable.
New in 2024, multifamily properties – including affordable housing, assisted living, campus living, market rate apartment buildings, plex properties and townhomes – in Oregon and Southwest Washington may be eligible to receive incentives for the following equipment:
| Equipment | Incentive | State Eligibility |
|---|---|---|
| Ozone Laundry System (only eligible for assisted living properties) | $5,000-$30,000 per system | OR and WA |
| Two-stage Gas Valves on Clothes Dryers | $200 per valve | WA Only |
| Air-Cooled Variable Refrigerant Flow (VRF) Multi-Split Ductless Heat Pump | $1 per sq ft of area served by VRF | OR Only |
In addition to new equipment, Energy Trust increased incentives for several equipment types so multifamily properties can save even more in 2024. See below for increased incentives and state eligibility.
Appliances
| Equipment | Incentive | State Eligibility |
|---|---|---|
| ENERGY STAR® Refrigerator | $70 per unit | OR only |
| ENERGY STAR Commercial Laundry Washer | $100-$400 each | OR and WA |
Commercial Foodservice Equipment
| Equipment | Incentive | State Eligibility |
|---|---|---|
| Gas-fired Automatic Conveyor Broiler | $2,500-$3,500 each | OR and WA |
| Gas Steam Cooker | $3,400 each | OR and WA |
| Commercial Vent Hood Retrofit with Demand Controlled Ventilation | $900-$1,500 per controlled motor hp | OR and WA |
| Double Rack Gas Oven | $2,000 each | OR and WA |
| Commercial Ice Maker | $180-$400 each | OR only |
| Anti-Sweat Heater Controls (ASH) | $60-$80 per linear foot or door | OR and WA |
HVAC Equipment
| Equipment | Incentive | State Eligibility |
|---|---|---|
| Packaged Terminal Heat Pump (PTHP) | $800 each | OR only |
| Commercial Condensing Tank Water Heater | $3.50 per kBtu/h input | OR and WA |
| Advanced Rooftop Controls (ARC) - Lite Retrofit | $200 per ton | OR only |
| Advanced Rooftop Controls (ARC) - Full Retrofit | $300 per ton | OR and WA |
| Condensing Gas Furnace | $8.25 per kBtu/h | OR and WA |
Insulation
| Equipment | Incentive | State Eligibility |
|---|---|---|
| Floor Insulation (only eligible for stacked structures with 5+ units) | $1.90 per installed sq ft | OR and WA |
Pool and Spa Equipment
| Equipment | Incentive | State Eligibility |
|---|---|---|
| Commercial Pool Cover | $6.00 per sq ft of pool surface area | OR and WA |
Increased custom incentives are also available for multifamily properties interested in larger energy-saving projects. Cash incentives for qualified custom energy projects are calculated based on estimated annual energy savings. Customers may be eligible to receive $0.45 per annual kWh saved and $5.00 per annual therm saved. Energy Trust will provide incentives up to 90% of eligible project costs for custom projects.
Additional requirements may apply. To review the incentive process for standard equipment installations or custom projects, including eligibility requirements and steps to complete, please visit the incentive pages below:
For questions or assistance, contact our team of energy advisors by emailing multifamily@energytrust.org or call 1.877.510.2130. Get started today to save energy and money now – and for years to come.