Energy Conservation Tax Credits - Small Premium Projects (Corporate)

From Open Energy Information


Last modified on February 12, 2015.

Financial Incentive Program

Place Oregon

Name Energy Conservation Tax Credits - Small Premium Projects (Corporate)
Incentive Type Corporate Tax Credit
Applicable Sector Agricultural, Commercial, Industrial, Local Government, Schools, State Government, Tribal Government
Eligible Technologies Agricultural Equipment, Boilers, Building Insulation, Caulking/Weather-stripping, Central Air conditioners, Chillers, Comprehensive Measures/Whole Building, Compressed air, Custom/Others pending approval, Doors, Duct/Air sealing, Furnaces, Heat pumps, Processing and Manufacturing Equipment, Roofs, Siding, Water Heaters, Windows, Solar Water Heat, Unspecified technologies, Cool Roofs, LED Lighting
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount Varies by solicitation

Eligible System Size Projects must cost less than $20,000
Equipment Requirements First year energy savings must yield a simple payback period of greater than 3 years.
Start Date 2011

Maximum Incentive 35% of qualifying project costs

The sum of all incentives, grants, credits, or other public funds may not exceed total project costs

Program Administrator Oregon Department of Energy

References Database of State Incentives for Renewables and Efficiency[1]


The Oregon Department of Energy periodically releases Opportunity Announcements for tax credits for energy conservation projects. Energy conservation projects include projects with investments for which the first year energy savings yields a simple payback period of greater than three years. Projects with a total cost of less than $20,000 may qualify for the Small Premium Projects program; larger projects can apply for the Competitively-Selected Projects program. Projects must intent to begin construction within 12 months of the award. Tax incentive amounts vary with each Opportunity Announcement, but may not exceed 35% of project costs. Possible types of technologies may include:

  • Adjustable flow irrigation pumping
  • Agricultural irrigation system improvement
  • Boiler-bent dampers
  • Building envelope thermal improvement
  • Compressed air systems components
  • Direct-fired radiant heating in high volume space
  • Ductless heat pumps with variable refrigerant flow
  • Energy improvements to commercial greenhouses
  • High performance homebuilding
  • Heat pump service hot water heating
  • Industrial piping insulation
  • LED outdoor lighting
  • Premium efficiency electric air conditioning equipment
  • Solar thermal water heating

Qualifying project costs include:

  • Project components
  • Fees to design or engineer the project
  • Title searches, escrow fees, permits, licenses
  • Materials and supplies needed for erection, construction, installation and acquisition of the project
  • Work performed by employees or contractors that meet certain requirements
  • Certain legal fees related to the development of the project

Check the program web site for information regarding current solicitations, requirements, and application materials.

Incentive Contact

Contact Name Public Information Officer - ODOE
Department Oregon Department of Energy
Address 625 Marion Street, N.E.
Place Salem, Oregon
Zip/Postal Code 97301-3737
Phone (503) 378-4040
Phone 2 (800) 221-8035
Fax (503) 373-7806

Authorities (Please contact the if there are any file problems.)

Authority 1: H.B. 3672
Date Effective 2011-09-29
Date Enacted 2011-08-05

Authority 2: H.B. 4079
Date Effective 2012-06-04
Date Enacted 2012-03-16

Authority 3: OAR 330-210-0000 to 330-210-0150

Authority 4: ORS § 469B

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


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