The following items currently qualify for Oregon’s Residential Energy Tax Credit.
HEATING AND COOLING SYSTEMS
Heat Pumps and Air Conditioning Systems
Use an Oregon Department of Energy tax credit technician to install and performance test a qualifying premium efficiency heat pump or central air conditioning system. The amount of the tax credit depends upon the efficiency of the system you install.
Condensing Furnaces and Air Handlers
Purchasing a premium efficiency furnace or air handler can qualify for a tax credit. You do not need to use a technician approved by the Oregon Department of Energy to qualify for the tax credit.
Premium Efficiency Duct Systems
Gaps, leaks and holes in heating and cooling ductwork can account for up to 30 percent of home heating (or cooling) loss. You can get a tax credit for sealing ductwork in your existing home or installing a well-designed and sealed duct system in your new home. The technician performing the work must be approved by the Oregon Department of Energy, so please check our website for the list in your area.
Ductless, Mini-split Heat Pumps
Ductless, mini-split heat pumps are a relatively new type of air-source heat pump where the warm or cool air is delivered directly to the room of a home rather than through a central air handler and ductwork. Ductless heat pumps operate on the same principle as traditional heat pumps — using electricity to move heat between outdoor and indoor air by compressing and expanding a refrigerant. Qualifying models operate efficiently at outside temperatures down to at least 17°F. For a homeowner to receive a tax credit, system installation needs to be done by a technician trained by the equipment manufacturer within the past five years.
Ground-Source Heat Pumps
Closed-loop ground-source heat pumps for space heating are eligible for a tax credit. Also qualifying are earth-coupled heat pumps and systems that use a secondary heat exchanger submerged in a well, lake, pond or stream. (Systems that pump water directly out of a well, lake, pond or stream are not eligible.) A tax credit geothermal technician must install these systems.
Wood and Pellet Stoves
New premium efficiency wood and pellet stoves are eligible for a tax credit, but only if they are on the Oregon Department of Energy’s qualifying list and meet stated emission standards. Installation of a dedicated outside combustion air intake is also required. For a list of qualifying stoves, please see the Oregon Department of Energy website.
SOLAR AND WIND SYSTEMS
Solar Water Heating
Solar water heating systems with OG-300 certification are eligible for a tax credit, depending on efficiency and solar access. A tax credit solar thermal technician must verify these systems. Pools and spa systems do not require verification of a tax credit technician.
Solar Space Heating
Homes designed to heat with sun from south-facing windows or solar collectors used for space heating are eligible for a tax credit. Estimated system savings determine the amount of the credit. Contact the Oregon Department of Energy for minimum design standards.
Solar Electric (Photovoltaic) Systems
Photovoltaic (PV) systems make electricity from the sun and are eligible for a tax credit. To receive the incentive, you need to use a solar PV technician approved by the Oregon Department of Energy.
Wind Electric Systems
Wind electric systems are eligible for a tax credit. Qualifying costs include wind-measuring equipment, turbines, towers, associated components, engineering costs, utility interconnection equipment and installation.
ALTERNATIVE FUEL INFRASTRUCTURE
Alternative fuel infrastructure projects can qualify for tax credits, including electric vehicle charging stations and compressed natural gas fueling stations. Please visit the Oregon Department of Energy’s website for more specific information on these systems.
Fuel cells take hydrogen from a fuel and combine it with oxygen, producing electricity, space heat and hot water.