Energy conservation projects with less than $20,000 in qualified costs may be eligible for a tax credit.
About $2 million in tax credits are available on a first-come, first-serve basis for projects that meet certain requirements.
EIP tax credit programs are scheduled to sunset at the end of tax year 2017, which means final applications for some projects may be due as early as December 31, 2017.
What projects qualify?
Tax credits are awarded for projects that help conserve energy, including commercial lighting, heating and cooling improvements, high performance homebuilding, and more. See the technologies list below.
Am I eligible?
Individuals, businesses, nonprofits,
tribes, or other organizations in Oregon are eligible to apply. Eligible conservation projects must be completed at a business or residential rental property located in Oregon.
How much is the tax credit?
Tax credits are awarded up to $7,000, not to exceed 35 percent of the project's eligible costs.
How to Apply
- Before beginning construction/installation, read the current offering and the technical specifications (see below) for your project type.
- Before construction/installation, fill out the informational filing form and mail it with a $75 fee.
- After submitting the informational filing form, begin construction/installation.
- After completion, fill out the final application below and mail it along with the fee that is based on the qualifying project cost.
The informational filing deadline is June 30, 2017
Small Premium Project Technologies