NABCEP Certified PV Solar Systems:
Engineering, Installation, & Monitoring
"This spring we had Eric Andrews of EcoSolar, Inc. in Klamath Falls, Oregon, design and install a 2,800 watt solar electric system at our home in Curry County.
We have lived “off-grid” for thirty-five years, using a diesel generator and battery system.
Having all of the clean, quiet, economical electricity that we need for our lifestyle has been a wonderful change for us.
We found Eric to be a very knowledgeable professional who was able to guide us through the entire process. With EcoSolar, Inc. we knew that we were getting state-of-the-art information and products.
Without reservation, we recommend Eric and EcoSolar, Inc. to anyone considering solar energy."
Energy Trust of Oregon (ETO): Cash Incentive: $1.00/watt of installed Solar
Reduces “Upfront” cost of project
Incentive tapers down after 30 kW
Incentive application must be pre-approved
Must be installed by an Energy Trust Trade Ally Contractor
Oregon Dept. of Energy (BETC): Tax Credit: 50% of ELIGIBLE cost
Eligible cost is currently around $8.00/watt of installed solar
Tax Credit application must be pre-approved prior to any work
Tax Credit taken over a minimum of five years (10%/year)
Unused credit can be extended out
Customer can sell tax credit to a “Pass Thru Partner” and get a reduced cash payment after final completion
Federal Tax Credit (ITC): Tax Credit: 30% of ELIGIBLE cost
30% of “Upfront” cost OR 30% of total job cost minus Any Cash incentives, rebates or grants
Can be taken all in one year
Can also take accelerated depreciation over five years-MACRS (Modified Accelerated Cost
Recovery Stystem)
CONSULT WITH AN ACCOUNTANT!!
USDA REAP Grant: Cash Incentive: Up to 25% of cost of project
Projects up to $6,000,000
Must get a feasibility study for projects over $200,000
Must submit grant proposal upon USDA annual offering
Must submit grant application before start of project
Most business and farm operations in Lake and Klamath Counties qualify to apply!!
Tax credits
Tax credits reduce income tax liability on a dollar for dollar basis and are claimed on your state and federal income tax returns. The tax credits for solar are "non-deductible," meaning they can reduce your tax liability to zero, but not below.
Cash incentives
Cash incentives are applied upfront--either when you sign a contract for installation or after your project has been completed. Energy Trust solar electric incentives are available to Oregon customers of PGE and Pacific Power. Solar water heating incentives are available to Oregon customers who heat their water with electricity from PGE or Pacific Power or natural gas from NW Natural or Cascade Natural Gas. Incentive offers are subject to availability and may change.
Dr. Tucker
