Pending Tax Credit in Oregon to Spur Commercial Solar Systems

Pending Business Energy Tax Credit (BETC) legislation will benefit Oregon business owners who invest in solar. The BETC — anticipated to pass the Oregon State Legislature before the end of session — will raise tax incentives for commercial solar panel systems from roughly 35 to 50 percent. Combined with Energy Trust of Oregon incentives and federal incentives, this increase allows most businesses to recoup the initial investment in a solar system within five years. In many cases, the incentives and credits paid end up being more than the actual cost of the system.
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