Learn about Energy Trust’s draft 2025 budget

Learn about Energy Trust’s draft 2025 budget


Energy Trust’s draft 2025 budget is available for public comment now through October 16.

To continue and expand on our work in 2024, the 2025 budget investments focus on expanding and accelerating energy savings by 2030 and serving customers with high energy burden that we have historically underserved. Additional cost-effective energy efficiency will help utilities meet their decarbonization goals at a lower cost than alternative investments while providing equitable benefits to customers and communities.

Our 2025 budget focuses on making bigger impacts through new programs and offers, expanded incentives and support for the contractors and community-based organization partners that help bring our programs to customers. All of this supports our core purpose of helping customers save and generate energy and reduce costs – especially those who have low and moderate incomes, communities of color and rural communities.

This one-year budget is our last annual budget before the organization creates its first multiyear plan in 2025 for 2026-2030, which will be guided by our 2025-2030 Strategic Plan currently in development.

Read all about the draft budget here, including supporting memosaction plans and financial reports.

Public comments on the draft budget are due to Energy Trust by 5 p.m. PST on October 16. Comments may be emailed to info@energytrust.org with the subject line “Budget Comment” or mailed to Energy Trust of Oregon, 421 SW Oak St., Suite 300, Portland, Oregon 97204.

On October 9, Energy Trust will host a public board of directors’ meeting where you can learn more about the budget. The meeting is open to the public and includes an opportunity for public comment.

Energy Trust’s budget and action plans are developed collaboratively with utility partners Portland General ElectricPacific PowerNW NaturalCascade Natural Gas and Avista, along with valued input from stakeholders, customers and the public.