COMMERCIAL SOLAR INCENTIVES IN OREGON
An overview
The current incentives for commercial scale solar projects in Oregon are among the best in the nation. Efforts by local politicians and dedicated individuals to support clean renewable energy here in Oregon have created a financial opportunity for Oregon business. On a commercial solar system the incentives provided are approximated below:
30% Federal Investment Tax Credit
50% Oregon Business Energy Tax Credit (BETC)
30%-45% MACRS Accelerated Depreciation
0-22.5% Utility Incentives
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100%+ of System Costs
As a business owner, you can use state and federal tax incentives to transform your tax liability into a commercial solar energy system creating clean energy and a positive income stream. In many cases after tax liability is subtracted the owner’s net cost will be zero. Your business can offset it's energy costs, reduce your tax liability and create a positive return while becoming part of the solution to the worlds complex energy crisis.
There are separate financing options available which are not dependent on tax liability, and require little to no upfront capital. These models may take the form of a lease on a solar system with minimal monthly costs offset by energy use savings, a third party investment in a solar system placed on your facility in return for passed along tax savings (known as a PPA), or the "Flip" model often used by non profit entities. Advanced Energy System's financial team are experts at all models of renewable energy financing and can create a turn key experience for you, your accountants, and CFO in realizing the benefits of the system.
Organizations can make a positive impact on our environment and realize substantial financial benefits with minimal upfront costs. Additional benefits include hedging against rising future energy costs, positive PR for your organization throughout your community, and the knowledge that you are part of a growing number of Oregon business leaders who are paving the way for the nation in developing sustainable sources of energy.
Advanced Energy Systems is an Oregon owned and staffed solar energy company. Advanced Energy Systems specializes in commercial and industrial solar energy systems right here in Oregon. Our design team, installation crew and management are all Oregon based, offering an in depth understanding of the unique aspects of Oregon's renewable energy industry.