SALEM —The Oregon Department of Energy has issued permanent rules for the (1) Energy Conservation and (2) Compliance and Pass-through programs effective June 18, 2012. These permanent rules affect the Energy Incentives Program. The EIP, created by HB 3672 (2011) and amended by HB 4079 (2012) replaces the Business Energy Tax Credit, formerly known as BETC.
The Energy Conservation rules involve the application process, allocation of tax credits within funding limits and issuance of tax credits. Rules for Compliance and Pass-through relate to the transfer of tax credits and the inspection and verification of projects for the Energy Incentives Program.
ODOE has posted a copy of the permanents rules for both programs at:
Energy Conservation: http://www.oregon.gov/energy/CONS/docs/EIPConservationRules06.19.12.pdf
Compliance and Pass-through: http://www.oregon.gov/energy/CONS/docs/EIP%20Compliance-Pass-through%20Permanent%20Rules%2006.19.12.pdfAbout the Oregon 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.