Text Size:   A+ A- A   •   Text Only
Find     
Site Image

News Releases
New temporary rule for BETC projects now in effect
1/19/2012
ODOE masthead
 
 
 
 
 
 
 

FOR IMMEDIATE RELEASE
 
 
12-04
Contacts:
Maureen Bock, 503-934-4004
In Oregon 1-800-221-8035
 
SALEM — The Oregon Department of Energy has implemented a temporary rule change to the Business Energy Tax Credit program. The temporary rule, which became effective on Jan. 13, 2012, prohibits project owners from amending their project costs and increasing the anticipated amount of tax credits. This temporary rule only applies to current projects with a BETC preliminary certification. Permanent rulemaking is expected to take place this summer.
 
This rule was implemented to support the intent of House Bill 3672 (2011), which required BETC applications to receive preliminary certification by July 1, 2011. These temporary rules apply to the old BETC program, which is being replaced by a new Energy Incentives Program created by the 2011 Legislature.
 
For more information about this temporary rule and about the new Energy Incentives Program, please visit the ODOE website at: http://oregon.gov/ENERGY/CONS/Rulemaking2011-HB3672.shtml.
 
About the Department of Energy: The Oregon Department of Energy provides tax credits, loans, technical assistance and energy information for homes, businesses, manufacturing, farms, ranches, schools and governments. 
 

 

Oregon Department of Energy
Main OfficeHermiston Field Office
625 Marion St. NE, Salem, OR 97301-3737
395 E Highland Rd.
Phone: 503-378-4040Hermiston, OR 97838
Toll-free in Oregon: 1-800-221-8035P: 541-567-3840
Fax: 503-373-7806