Oregon Residential Energy Tax Credit to expire at the end of 2017

Oregon Residential Energy Tax Credit to expire at the end of 2017


Man trimming trees outside his blue house

Oregon’s state energy tax credit, called the Residential Energy Tax Credit, will expire on December 31, 2017. While Energy Trust does not administer government tax credit programs or provide tax credits, many customers applying for an Energy Trust incentive may also qualify and apply for a state energy tax credit administered by the Oregon Department of Energy.

If you are considering purchasing a solar system or an energy-efficient ductless heat pump, direct-vent gas fireplace, high efficiency gas furnaceheat pump or high-efficiency water heater for your home, you may qualify for both an Energy Trust incentive and a state energy tax credit. There are other energy-efficient upgrades that are eligible for state tax credits but not Energy Trust incentives, including installing a wood or pellet stove, installing a solar water heater or sealing ducts.

If you are considering installing a residential solar system, visit Energy Trust’s website today to get a free proposal customized for your home. Once you sign a contract with your trade ally contractor, the contractor will complete your application for an Energy Trust incentive and the Residential Energy Tax Credit on your behalf.

To qualify for a Residential Energy Tax Credit for a variety of energy efficiency upgrades and for solar systems, eligible devices must be purchased by December 31, 2017, and operational by April 1, 2018. The Oregon Department of Energy must receive your application no later than June 1, 2018. To learn more about Residential Energy Tax Credits, visit Oregon Department of Energy’s website.

On December 31, 2017, the Oregon Department of Energy will also end the Energy Incentive Program for businesses. Learn more about expiration of the Energy Incentive Program for businesses on Oregon Department of Energy’s website.