THE BEAVER STATE GOES SOLAR
Why go solar in Oregon
Oregon is a great state in which to go solar. Oregon homeowners are fortunate to have a wide range of programs that leverage the benefits of solar power generation to 1) reduce energy bills, 2) earn tax*** rebates and exemptions, and 3) make a positive environmental impact. You may also be eligible for some great incentives in the Beaver State.
Solar incentives in Oregon**
Oregon’s largest utilities offer net metering at a one-to-one ratio. Net metering is one of the biggest benefits to solar owners. It allows eligible homeowners to sell excess energy back to their utility. Unused credits will accumulate in your utility account. This means credits accumulated during sunny summer months can be applied to charges during Oregon’s cloudy winter months. Customers who are already eligible for a utility incentive can be eligible for a rebate of $.20 per watt up to a cap of $5000.
Oregon homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.
Solar panels perform in all kinds of weather
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
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*This figure is current as of May 28, 2021
**We advise you to consult with the appropriate professionals (including, but not limited to, your solicitor or attorney, accountant, CPA, CGA, or any other financial or legal advisor) for the implications of any information contained in our website and in any link you access through our website.
***You should contact a qualified tax expert and consult with them. Neither Freedom Forever’s family of independent authorized dealers nor Freedom Forever itself can give you tax advice. A qualified tax professional will understand your situation and be able to give you the most relevant advice.