Financial Incentives for Wind Power

Whether you're a home owner, farm owner, or business owner, financial incentives fall into two categories: Energy Trust incentives and tax credits

Energy Trust incentives
 are cash incentives that are deducted from the project cost that is quoted to you and paid to your chosen contractor. Not all wind power systems qualify for incentives. We always try to help you get all the possible financial incentives available. We'll make sure you know up front if your wind system will not qualify. 

Tax credits
 reduce the amount of taxes you owe at the end of the year or quarter, depending on how your tax situation is structured. The tax credits available to you fall into two categories, federal and state, both of which are applied to the project cost after the Energy Trust incentives.
 

Financial Incentives for Wind Power

Energy Trust Incentives
Lesser of $4,500 per meter of rotor diameter or $4,500 per rated kilowatt of the system
Max $35,000
Oregon Business Energy Tax Credit (BETC)
$2.00/kilowatt hour produced in the first year of operation, credited over a four-year period (up to $1,500 per year)
Max $6,000
Federal Business Investment Tax Credit
30% of the net project cost at end of the year installed
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