Solar Credit for Your
Electricity Bill and Your Life
 



 
  

 
    
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 Energy Trust of Oregon

   $2.00 per watt for Pacific Power customers   

   ($2.25 for PGE customers), up to $10,000 

   Available when pre-approved and     
   implemented by Energy Trust Trade Allies.
  

Oregon Tax Credit (RETC)1

   $3.00 per watt up to $6,000 (with maximum

   of $1,500 claimed per year for up to 4 years)

 
 Federal Income Tax Credit1 

  30% of net installed cost, up to $2,000

 

 Green Tags

  Approximately $0.05 per kWh of energy produced,
  for five years
.
Example Costs & Credits 2

Residential System

A 3,000 Watt system will generate approximately  3,400 kWh in a year in Oregon under ideal conditions.

                                           Pacific Power             PGE                  CPI

Total Installed Cost       ~  $26,0003          ~ $26,000      ~ $26,0003   
Energy Trust of Oregon    - $ 6,000            -      6,750
Up-front Cost                      $20,000               $19,250        
~ $26,0003 

Oregon Tax Credit              - $ 6,0001           - $ 6,0001         - $ 6,0001 
Federal income tax credit - $ 2,000
1            - $ 2,0001        - $ 2,0001 

CPI Credit                                                                                      $ 1,500

Net cost to you                      $12,000              $11,250            $16,500

     

Example Costs & Credits for 2,000 Watt System

1 Residential Energy Tax Credits- based on your tax

   situation  (consult your tax advisor)

  2 Does not include property appreciation (exempt  from
     property taxes), Green Tag credits or  environmental
     benefits.

3 Price highly dependent on site, existing  electrical

     system, and system design.

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