The Oregon Legislature recently passed legislation (House Bill 3672) that amends, sunsets and creates a number of tax credit programs currently administered by the Oregon Department of Energy. If signed by Governor Kitzhaber, the details of how the new programs will be implemented will be determined during the Oregon Department of Energy’s public rulemaking process.
Energy Trust cash incentives are available to Portland General Electric, Pacific Power, NW Natural and Cascade Natural Gas customers investing in qualifying energy-efficiency and renewable power projects. The pending tax credit changes do not change Energy Trust incentives at this time.
We understand that changes to the state energy tax credit programs could impact energy-efficiency and renewable energy projects you are considering or that are in progress. The Oregon Department of Energy has compiled a list of questions from the public regarding the changes, and has answered them by way of "Frequently Asked Questions" posted on the department's website. If you have additional questions, please feel free to email or call the Oregon Department of Energy at 1.800.221.8035.
Energy Trust will be studying the impacts of the tax credit legislation and evaluating whether changes to Energy Trust programs are needed in the future to continue delivering cost-effective energy efficiency and clean, renewable energy solutions to our residential, commercial, industrial and agricultural customers.