| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Oregon |
| Incentive Type: | Performance-Based Incentive |
| Administrator: | Oregon Business Development Department |
| Funding Source: | Solar Incentivization Fund |
| Expiration Date: | 01/02/2023 |
| Eligible Renewable/Other Technologies: | Solar Photovoltaics |
| Name: | HB 4037 |
HB 4037 of 2016 created the Solar Incentive Program for utility-scale solar development. The bill directs Oregon's Business Development Department (the Department) to establish and administer a program to provide a production incentive to solar developers, and establishes the Solar Incentivization Fund to provide the incentives.
Solar photovoltaic systems located in Oregon with a capacity between 2 and 10 MW are eligible for a $0.005 per kilowatt hour (kWh) incentive. The systems must become operational after January 1, 2016 but within a year of enrollment in the program. The incentives are paid monthly and will continue for a period of five years. If a system fails to produce electricity within two years of its enrollment, it will forfeit participation in the incentive program.
Individual owners or operators of solar PV systems may enroll projects up to a cumulative capacity of 35 MW. Utilities (both investor-owned and publicly-owned) are eligible to participate as system owners.
The program will close to new applicants January 2, 2017 or when the cumulative capacity of projects enrolled in the program reaches 150 MW.
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Welcome to the Solar QC Website. This site equips homeowners with information regarding the most effective solar products and provides access to expert solar installers and manufacturers. The information listed in the Terms & Conditions provides a list of the services provided by solarqcgroup.com with specific user obligations in reference to content, conduct, company disclaimers, copyright, and privacy. The Terms & Conditions described are designed to protect the users and solarqcgroup.com. By accessing this website, the user automatically agrees with the content of the Terms & Conditions.
A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
