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Oregon Readies to Reopen Feed-in-Tariff Program for Commercial Solar
Pacific Power and Portland General Electric are preparing for the April 1 capacity release for Oregon’s feed-in-tariff program (aka the ‘volumetric incentive rate’), which incentivizes commercial solar electric systems. Program applications are accepted biannually – on April 1 and Oct. 1 – with payment rates up to four times customers’ electric rates. This financial incentive is paid monthly to solar system owners for up to fifteen years. 2013 marks the last year of this successful pilot program, which is available for solar systems up to 500 kilowatts.
This feed-in-tariff program has proven an attractive opportunity for many small- and medium-sized businesses in Oregon, and very heavy demand is expected for this April 1st capacity release. Prior rounds have been fully subscribed within minutes of opening. REC Solar’s Oregon team can help your business prepare and submit an application for this or other programs which can significantly reduce your electricity costs. If interested, please contact us via the Get Started button at right.
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