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 |
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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