Oregon’s Residential Energy Tax Credit Program 2014

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You can get a credit on your Oregon income taxes for making your home more energy efficient and helping preserve Oregon’s environment.

Below is a list of the energy efficient products/technologies that are eligible for a tax credit. Click on the heading to go to the page that explains the credit, lists qualifying equipment, and has application forms and instructions.

Premium Efficiency Heating Ducts
As much as 25 percent of the heat from a forced-air heating system may be lost through leaks in the ductwork. You can get a tax credit for sealing existing ductwork or installing a well-designed and sealed duct system in your existing home or new construction

http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC-Ducts.aspx

Ductless Heat Pumps
The ductless heat pump is a new option for home heating that offers:
•Efficient operation at outside temperatures of 17°F and above without electric backup
•Quiet operation – both indoors and outdoors
•Heating and cooling
•Simplified installation
Ductless heat pumps are appropriate for both replacement of existing heating systems, especially baseboard/wall heaters, as well as for new construction. Ductless heat pumps have been installed in commercial buildings for more than 20 years and are available from many manufacturers.
FOR MORE INFORMATION VISIT
http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC-DuctlessHP.aspx

Premium Efficiency Furnaces and Air Handlers

Premium efficiency furnaces and air handlers can reduce your home energy costs and improve comfort. Installation of these systems does not require a Department of Energy approved tax credit technician. Be sure the system you install meets the eligibility requirements for each technology below.
http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC-Furnaces.aspx

Heat Pumps Systems
Premium efficiency heat pumps systems can save you money on heating each year. The only way to be sure they are operating efficiently is to have a performance verification test on your new and existing system.

Even the most experienced installer can’t judge the heat pump air flow without testing. That’s why the Oregon Department of Energy requires the performance of all systems to be verified using the CheckMe or Performance Tested Comfort System test procedure
http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC-HP-AC.aspx

Heat Recovery and Energy Recovery Ventilation Systems
Heat recovery ventilation (HRV) and energy recovery ventilation (ERV) systems qualify for a tax credit. They provide balanced ventilation for homes on a continuous (or semi-continuous) basis without the energy loss associated with other ventilation strategies
http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC_ERV-HRV.aspx

Premium Efficiency Wood and Pellet Stoves
Only the highest energy efficient wood and pellet stoves qualify and must meet specific criteria.
The tax credit amount is based on the estimated average first year energy savings
http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC-Biomass.aspx

Solar
Solar Electric Systems (Photovoltaic)
Solar Space Heating
Solar Water Heating
FOR MORE INFORMATION VISIT
http://www.oregon.gov/energy/RENEW/Pages/solar/Support-RETC.aspx

Water Heating Systems
Solar Water Heating
Drain-water Heat Recovery
Water Heaters
FOR MORE INFORMATION VISIT
http://www.oregon.gov/energy/RENEW/Pages/solar/SDHW.aspx

Wind Energy
Wind Electric Systems
FOR MORE INFORMATION VISIT
http://www.oregon.gov/energy/CONS/Pages/res/tax/wind.aspx

INFORMATION PROVIDED BY
Oregon.gov
http://www.oregon.gov/energy/RESIDENTIAL/pages/residential_energy_tax_credits.aspx

Team Pendley
with RE/MAX Integrity
We Go The Extra Mile, It’s Less Crowded!

http://www.teampendley.com/

Pat Pendley, Principal Broker
(541) 990-2530

Christie Pendley, Broker
Certified Distressed Property Expert
(541) 619-3640

Doug Hall, Broker
(541) 979-0571

**Pat Pendley, Christie Pendley ,and Doug Hall, are licensed Real Estate Brokers in the State of Oregon with RE/MAX Integrity

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