Implementing Sector: | State |
Category: | Financial Incentive |
State: | Oregon |
Incentive Type: | Rebate Program |
Web Site: | https://www.energytrust.org/renewable-energy/renewable-energy-wind-power/ |
Administrator: | Energy Trust of Oregon |
Funding Source: | Public Benefits Fund |
Start Date: | 01/01/2007 |
Utilities: | PacifiCorp, Portland General Electric Co |
Eligible Renewable/Other Technologies: | Wind (All), Wind (Small) |
Incentive Amount: | Incentive levels are based on a project’s cost in comparison to the market value of the energy produced, called above-market cost. |
Maximum Incentive: | There is no cap or fixed percentage of the amount of above-market costs Energy Trust will pay |
Eligible System Size: | 1 to 20 MW considered under a custom incentive program |
Equipment Requirements: | Utility-grade wind turbines ranging in size from 1 megawatt to 20 MW, developed by municipalities or other governmental entities, for community-scale installations under a custom incentive program |
Installation Requirements: | Installed in Portland General Electric and Pacific Power territory in Oregon or wheeling power to those utilities and meeting installations requirements considered under a custom incentive program |
Ownership of Renewable Energy Credits: | Energy Trust negotiates with the project owner a portion of the RECs generated by all incentivized renewable energy systems |
Energy Trust previously provided incentives for small-scale wind turbines that ranged in size from 1 kilowatt to 100 kW. Energy Trust no longer provides incentives for small-scale wind projects due to several factors. At this time, Energy Trust only considers offering incentives for community-scale installations, which include utility-grade wind turbines ranging in size from 1 megawatt to 20 MW, developed by municipalities or other governmental entities, and in Portland General Electric and Pacific Power territory in Oregon or wheeling power to those utilities.
Other available incentives include a residential tax credit through the Oregon Department of Energy of $2.00/kilowatt-hour produced in the first year of operation, up to $6,000 (up to $1,500 may be claimed per year) and the federal tax credit of 30%. Energy Trust may also provide up to 50 percent or a maximum of $200,000 of the cost of hiring an outside consultant to provide expert assistance on project development activities.
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