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Residential Energy Tax Credit Rulemaking

Permanent rules filed for the Residential Energy Tax Credit program

The Oregon Department of Energy filed permanent rules for the Residential Energy Tax Credit program. This rule amendment implements changes provided in HB 2171 (2015) for solar thermal projects. HB 2171 increased the tax credit amount available for solar thermal domestic water heating devices and solar thermal swimming pool heating devices certified on or after Sept. 1, 2015. The rule amendments go into effect October 5, 2015.
During the public hearing, ODOE received comments from several stakeholders about the inclusion of the Total Solar Resource Fraction (TSRF) in the tax credit calculation for solar thermal devices. In response to stakeholder comments, ODOE removed the Total Solar Resource Fraction (TSRF) from the solar thermal domestic water heating tax credit calculation for Sept. 1, 2015 through 2016. The rule leaves TSRF as part of the calculation for 2017 and beyond. The rule also adds TSRF as part of the calculation for solar thermal swimming pool heating devices starting in 2017.
In 2016, ODOE plans to collect data and work with stakeholders to discuss the solar thermal tax credit calculations in relation to first-year energy savings. Based on these discussions, ODOE may amend the RETC rules prior to 2017. ODOE will plan to host the first discussion in early 2016.

Permanent rules filed for the Residential Energy Tax Credit program

The Oregon Department of Energy filed permanent rules for the Residential Energy Tax Credit program. The rule amendments go into effect January 1, 2016.
These permanent rules for the Residential Energy Tax Credit implement changes provided in HB 2171 (2015). HB 2171 placed an incentive cap of 50 percent of device eligible cost for all category one alternative energy devices. The bill also provided the Oregon Department of Energy with rulemaking authority to provide a lesser amount of incentive by rule based on market conditions for all categ ory one alternative energy devices and wind devices. In addition, the bill increased the incentive for solar radiation for domestic water heating and swimming pool heating devices, though many of those changes have already been implemented in a prior RETC rulemaking focused on solar thermal.
Overall the rules provide updates and improve program administration. These rule updates include reducing the electric heat pump water heater and solar photovoltaic incentives based on market conditions, increasing the Heating Seasonal Performance Factor (HSPF) requirement for ducted and ductless heat pumps eligibility, and allowing more than one tax credit for separate loop geothermal systems in one year. The rules update requirements for water heating appliances and solar radiation for domestic water heating devices. There are also updates to the tax credit rate chart.

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