||Lisa Joyce, 503-378-6510|
||Maureen Bock 503-934-4004|
||In Oregon 1-800-221-8035|
SALEM—The Oregon Department of Energy (ODOE) has filed permanent rules for its transit, conservation, and compliance and pass-through programs. These programs are part of the Energy Incentives Program, created in 2011 by House Bill 3672 (amended by HB 4079 in 2012) and replaced the Business Energy Tax Credit.
A summary of the new rules:
Transit: Effective June 11
- Includes information on the application process, allocation of tax credits within funding limits and issuance of tax credits.
- The first opportunity announcement and application forms for the transit program will be available this summer.
Conservation: Effective June 19
- Creates an operating framework for the energy conservation tax credit
- Includes the application process, allocation of tax credits within funding limits and issuance of tax credits.
Compliance and Pass-through: Effective June 19
- Creates an operating framework for the transfer of tax credits through the pass-through process and ODOE’s compliance activities to inspect and verify projects and systems.
FOR MORE INFORMATION ON THE ENERGY INCENTIVES PROGRAM VISIT ODOE AT: http://Oregon.gov/energy/BUSINESS/Incentives
About the Department of Energy:
The Oregon Department of Energy provides tax credits, grants, loans, technical assistance and energy information for homes, businesses, manufacturing, farms, ranches, schools and governments.
Oregon Department of Energy
625 Marion Street N.E.
Salem, OR 97301-3737
Toll-free in Oregon: 1-800-221-8035