Residential Energy Tax Credits
With the Oregon Department of Energy’s Residential Energy Tax Credit, homeowners or renters can apply for a tax credit on their personal Oregon income taxes for purchasing eligible energy-efficient products and energy systems
for their homes.
The RETC program is scheduled to sunset on December 31, 2017. RETC devices must be purchased by December 31, 2017, operational by April 1, 2018, and applications must be received by ODOE no later than June 1, 2018.
How do I apply?
After purchasing and installing qualifying equipment
, fill out the corresponding tax credit application and submit to the Oregon Department of Energy with your receipt or proof of purchase. Applications are available for download on the qualified devices pages
Your dealer, contractor, or technician may also have application materials available.
If your equipment meets our qualifications, we will send you a tax credit certificate (for solar photovoltaic projects, you will receive a confirmation email from PowerClerk). Applications are processed in the order we receive them, so be sure to turn them in as soon as possible to start using your credit!
For questions about how the credit may work for you, your personal tax liability, or how to claim the credit on your taxes, please contact your local tax professional or the Oregon Department of Revenue
Please note it may take up to seven business days for your credit to show up in the Department of Revenue's system.
What qualifies for a tax credit?
Our program keeps track of the latest technology and products, so we keep the most current list of qualifying equipment, systems, and services on our website. Please note that some systems require installation by an Oregon Department of Energy-approved tax credit technician.
Am I eligible for the tax credit?
You may be eligible for the Residential Energy Tax Credit program if you purchase qualifying equipment for your Oregon-based primary residence, secondary (vacation) home, or residential rental property. Only items eligible at the time of purchase will qualify, and you must be the owner of the new equipment.
How much is the tax credit?
The maximum tax credit for each qualifying purchase depends on the cost of the improvement and the energy saved. Credits can range from about $100 up to $6,000. See the RETC Rate Charts for more information.
Can I transfer my tax credit?
Our pass-through option allows someone who buys qualifying equipment, systems, or services to transfer an energy tax credit to an individual, estate, trust, or business subject to tax under Oregon Revised Statute 316 . The equipment owner is responsible for finding a pass-through partner, which must have a personal Oregon income tax liability.Potential applicants and pass-through partners may contact a tax advisor or the Oregon Department of Revenue .