In 2019, there were over 2 million solar panel units installed throughout the United States. But why has solar begun to catch on?
One reason is the number of benefits and rebates that state and local governments provide for installing solar units. This is especially true in Oregon, where residents can choose from a variety of incentives related to solar energy.
In this article, we’ll be outlining Oregon solar incentives to help homeowners save money while helping the environment.
Benefits of Going Solar
Before we cover the financial incentives to going solar, let’s go over why homeowners are investing in solar energy in the first place.
The low-hanging fruit of solar energy is it’s both sustainable and beneficial to the environment. It lets you decrease your carbon footprint.
Solar also makes your home more energy independent. Whenever there’s a blackout in your area, your home can depend on sunlight for electricity.
Solar panels also let you generate your own electricity, meaning you won’t depend as much on your utility providers. This will lower your monthly energy bills.
Companies like Blue Raven Solar can install your solar units with little to no fuss. Even better, solar panels can last up to decades, making them a quality investment.
Oregon Solar Incentives
But what are some specific financial incentives to going solar in Oregon? They range from smaller local programs to larger state packages. Let’s go over some of the major ones here:
Oregon Solar and Storage Rebate Program
Passed in 2019, the Oregon Solar and Storage Rebate Program provides $2 million worth of rebates to energy companies throughout the state.
The program focuses on solar units for low-income homes. It can cover up to 50% of the costs of installation. The maximum rebate is $5,000 for residents and is a first-come-first-serve system.
Portland General Electric, Pacific Power
If you’re getting your power from Portland General Electric, you get a cash incentive of $0.30 per watt generated from your solar unit. You get a maximum of $2,400 per home.
Pacific Power customers similarly receive $0.20 per watt generated. The maximum is $1,200 per home.
Net metering is when solar panels are connected to a public-utility grid. Surplus solar power is transferred to the grid, letting customers offset the cost of power.
Oregon residents can earn credits for solar power that they don’t use. You can bank it with your utility and use it later if you need extra electricity down the line.
Other Local Solar Incentives
If you aren’t with PGE or Pacific Power, there’s still plenty of choices for Oregon residents depending on where they live. The City of Ashland offers $0.50 per watt for residential homes with a maximum rebate of $7,500.
You can get $0.40 per watt if you’re a Eugene resident. The maximum incentive for Eugene residents is $2,500 per home.
Leverage Oregon Solar Incentives in 2021
As solar energy becomes more accessible, there’s no better time than now to invest in these various Oregon solar incentives. Use this guide to see if your city is eligible for certain benefits and start saving through sustainable energy today.
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