PGE Renewable Development Fund

Last updated: May 22, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Oregon
Incentive Type:Grant Program
Web Site:https://www.portlandgeneral.com/business/power-choices-pricing/renewable-power/install-solar-wind-more/renewable-development-fund
Administrator:Portland General Electric Co
Funding Source:Voluntary customer payments
Utilities:Portland General Electric Co
Eligible Renewable/Other Technologies:Geothermal Electric, Solar Photovoltaics, Wind (All), Biomass, Tidal, Wave, Hydroelectric (Small), Anaerobic Digestion

Summary

2019 application window: April 1 - May 31.

Portland General Electric Company (PGE) offers its customers a voluntary renewable power option. A portion of the customer payments for renewable power are used to seed the Renewable Development Fund, which provides financial support for local renewable power projects.

The Renewable Development Fund supports new renewable energy projects less than 10 MW in capacity that are directly interconnected to PGE's grid or delivered to PGE through a Power Purchase Agreement. The Fund also supports certain research and development projects and educational components associated with renewable energy projects previously funded by the PGE Renewable Development Fund. Priority is given to projects sited within the PGE service territory, owned by a PGE customer, hosted or owned by a public, non-profit, multi-family or low-income housing entity, constructed with local materials or labor, and that demonstrate a strong environmental, educational, or economic benefit to the community. Applicants should show they have pursued all other available funding sources, and preference will be provided for projects with in-kind or cost share support and/or low overhead and administrative costs.

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