Energy Conservation Tax Credits - Competitively-Selected Projects (Personal)
The Oregon Department of Energy (ODOE) periodically releases Opportunity Announcements for tax credits for energy conservation projects. Check ODOE's website for announcements and complete information.
Energy conservation projects include projects with investments for which the first year energy savings yields a simple payback period of greater than three years. Categories for solicitations include: Commercial Buildings; Renewable Thermal; Commercial, Agricultural and Industrial Processes; and Combined Heat and Power. Projects must intend to begin construction within 12 months of the award. Tax credits are worth up to 35% of the project costs. The tax credit is claimed over five years, with