Did you know that you can get up to 65% off of a solar installation for your home?
It’s super easy to see if solar is a good fit for your home. By signing up for a solar assessment, we’ll put you in touch with a qualified local professional to get you started. Your contractor will:
- Assess the solar potential of your home and determine if your home is a good fit for solar power.
- Help you determine which incentive route is the best fit for you (see overview/samples/estimates below)
- Provide you with a bid with estimated annual energy production and utility bill savings.
- Help you apply for tax credits and incentives
- Provide you with maintenance and warranty details
- If you decide to go solar, acquire all permits, install your solar electric system, and coordinate all inspections
Here are a couple of things to keep in mind as you work with your contractor and review the report they prepare for your home.
First, there are two ways to get a solar electric system installed on your home in Bend.
- Purchasing a System. This is the traditional route for putting solar on your roof. A qualified local contractor installs your system and you own all of the equipment. State and federal tax credits and utility incentives can cover up to 65% of the total equipment and installation costs.
- Power Purchase Agreement. A third party owns the system on your roof. You enter into an agreement with that party to purchase all of the power that the system produces for the life of your agreement (usually 20 years) and pay the party a one-time, up-front fee. A qualified local contractor installs the system on behalf of the third party. This option may lower your up-front costs and thus reduce your payback period, and often includes a guarantee on the performance of the system during the life of your agreement.
Not every local contractor we partner with provides both options so you may need to seek out a second bid if you want to see all of your options. A list of our current local partner contractors is below.
Second, consider getting a second bid for your home before you install your solar system. Local contractors offer a mix of different solar systems and financing options. A comparison bid can help ensure that your system is the best fit for your home and family.
If you are a Pacific Power customer, you may qualify for an Energy Trust of Oregon cash incentive of $0.30 per watt, up to a maximum of $1,800 which is immediately taken off of the total cost of your system. That means less cash that you must come up with to install your solar system.
Incentive offers are subject to funding availability and may change at any time. Check with your contractor.
A tax credit is a dollar-for-dollar reduction in the amount of income taxes you owe on either your federal or state income taxes. You must pay taxes in order to claim the credits.
Consult your tax professional to learn how tax credits and rules may apply to you. This information does not constitute tax advice and cannot be used to avoid tax penalties.
Federal Tax Credit
As a homeowner, you can file to receive a credit of 30% of your out-of-pocket cost on your federal taxes for the year that you installed your system, if it is installed before December 31st, 2019. If you use the Energy Trust of Oregon incentive, the 30% tax credit will be applied to your out-of-pocket cost after the incentive is applied (30% of the total project cost less the Energy Trust incentive). View the federal tax credit application and requirements.
State Tax Credit
As an Oregon resident, you can also claim a state tax credit of $1.30 per watt, up to $6,000, for a system installed on your home or a second home in Oregon. You can claim a maximum of $1,500 a year for 4 years for the total of $6,000. View the state tax credit application and requirements.
Note: The RETC program is scheduled to sunset on December 31, 2017. RETC devices must be purchased by December 31, 2017, operational by April 1, 2018, and applications must be received by ODOE no later than June 1, 2018.
So, what does all of this mean?
Here are some examples to show you how the incentives pencil out for a 5,000 Watt (W) or 5 kilowatt (kW) system. This is for educational purposes only. The cost of your system will vary depending on the equipment you use and your individual home. Larger and smaller systems are available to meet your needs.
Pacific Power Customers
Central Electric Cooperative Customers
Meet our Solar Contractor Partners
E2 installs clean, renewable energy that makes our lives possible. Custom-designed solar electric systems are a reliable and affordable energy solution for any home or business. Located in Bend, Oregon and proudly serving our rural communities, they understand that the choices you make matter – for a simpler, cleaner way of life now, and for a legacy of better, smarter, energy solutions for generations to come.
For more information, contact:
Elemental Energy is a solar PV design and installation firm. The owners and staff received tailored renewable energy engineering education as well as NABCEP certifications (the gold standard for solar training), allowing us to offer unparalleled expertise. Elemental Energy specializes in creative high quality solutions to home and business energy needs including: roof or ground-mounted arrays, battery-ready or backup systems, off-grid, mobile, awnings and shade structures. Locally owned and operated here in Oregon, we pride ourselves on providing honest information empowering our clients to make informed decisions. With a passion and enthusiasm for a global clean energy future, and a humanitarian outlook reflected in our work with Twende Solar, Elemental Energy’s commitment to creating a healthier environment echoes in every consult and install we do.
Neil Kelly Company is an Oregon-based, family-owned, design-build firm specializing in residential remodeling, LEED-certified custom homes, energy retrofits, and solar energy systems. For nearly 70 years, we’ve been building a reputation for award-winning design, outstanding craftsmanship, environmental sustainability, and consistently satisfied clients. As a Certified B Corp, we strive continuously to make meaningful contributions to the people and communities we serve, and the environment we all share.
Sunlight Solar Energy is a sales, design, and installation company dedicated to educating and empowering our customers to make intelligent buying decisions. Our team not only helps you decide if your site is a good fit for solar but helps you choose what is the best fit for your building. When our customers go solar, they feel confident in their decision and are as excited about the project as we are. Sunlight Solar is one of the oldest grid-tied solar contractors in the state, providing quality service since 1997.