Incentives
Solar Incentives available in 2024
As the world embraces a greener future, solar power emerges as the shining star, offering a multitude of benefits! In Oregon, there are several solar incentives and tools available to help residents and businesses make the transition to clean energy. Let us, a well-established and trusted solar installation company, guide you through the legal jargon and explore the exciting incentives that await you.
- The abundance of solar incentives available today is spectacular! Let's break them down one-by-one.
01
Oregon Department of Energy (ODOE) Solar and Storage Rebate
This state agency is dedicated to helping you make informed decisions and ensuring affordable energy for all. ODOE offers rebates of $.20 per watt of installed DC capacity, and $1.80 per watt of installed DC capacity, up to $5,000, for income qualified households. See if you qualify here. Additionally, ODOE encourages the integration of battery systems, offering up to $2,500 for an energy storage system.
02
Energy Trust of Oregon Solar Rebate
The Energy Trust of Oregon (ETO as we like to call them) is ready to make your home and business more energy efficient while reducing your energy costs. Through their solar electric systems rebate program, qualifying residential customers of Portland General Electric or Pacific Power can enjoy additional financial rebates. The rebate amount is determined by the size of your installed system and the servicing power utility company. To participate in the program, you need to meet certain guidelines and requirements, including income qualifications and working with a solar installer participating in Solar Within Reach as an "Energy Trust Solar Trade Ally." Cascade Solar, an exemplary solar trade ally, is here to assist you in every step of the way. We will handle the paperwork, deduct the incentive amount from your invoice, and ensure your solar dreams become a reality.
To help you navigate these incredible incentives, we have the perfect tool – the “IRA Incentives Calculator by Rewiring America.” This online calculator allows you to estimate the rebates and tax incentives available for your solar electric system. With just a click, you can access this calculator and get a clearer picture of the potential cost savings.
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State Solar Incentives:
Now, let's shine the spotlight on the Oregon Department of Energy (ODOE) Solar and Storage Rebate. This state agency is dedicated to helping you make informed decisions and ensuring affordable energy for all. The ODOE offers rebates of $1.80 per watt of installed DC capacity, up to $5,000, for low- and median-income brackets. Additionally, the ODOE encourages the integration of energy storage systems, offering up to $2,500 for a battery storage system. Qualifying households are as follows:
04
Federal Incentives
The Solar Investment Tax Credit (ITC) serves as a catalyst for solar energy investments, granting eligible taxpayers a generous tax credit based on a percentage of the total cost of their solar system installation. Originally established in 2005, the IRA extended the ITC until 2032, offering an exciting 30% tax credit.
EV Charger Rebates and Other Incentives:
PGE’s Smart Charging Program is designed to maximize the use of renewable energy, reduce electricity costs, and enhance grid reliability through intelligent management of electric vehicle charging. The program encourages customers to charge their EVs at optimal times, aligning with periods of low electricity demand and high renewable energy generation. Participating in this program earn’s you credit toward your electric bill.
Qualifying smart chargers must be used and are listed on the Portland General Electric website. You will also find rebates for purchasing and installing smart charger equipment and supporting electrical infrastructure!
