Energy Conservation Tax Credits - Small Premium Projects (Personal)

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place	Oregon
Name	Energy Conservation Tax Credits - Small Premium Projects (Personal)
Incentive Type	Personal Tax Credit
Applicable Sector	Agricultural, Commercial, Industrial, Institutional, 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, Unspecified technologies, Solar Water Heat
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
Website	http://www.oregon.gov/energy/BUSINESS/Incentives/Pages/EIP-SPP.aspx
References	Database of State Incentives for Renewables and Efficiency

Summary

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
Email	energy.in.internet@state.or.us
Website	http://www.oregon.gov/ENERGY/

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.