Title: Business Energy Corporate Tax Credit in Oregon
Details:
The Business Energy Corporate Tax Credit is a Construction, Multi-Family Residential, Agricultural, Equipment manufacturers, Commercial, and Industrial program for those who have energy efficient improvements made with the following: Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Comprehensive Measures/Whole Building, Lighting, Heat recovery, Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Biomass, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, CHP/Cogeneration, Hydrogen, Industrial Waste, Ethanol, Methanol, Biodiesel, Fuel Cells using Renewable Fuels, Geothermal Direct-Use, Photovoltaic, Landfill Gas, and Wind. The program offers up to 50% of cost or $20 million. The following legislation set up this program: HB 3680, HB 3619, and BETC Permanent Oregon Administrative Rules. For more details use the following links and contact below:
http://egov.oregon.gov/ENERGY/CONS/BUS/BETC.shtml
http://www.oregon.gov/ENERGY/CONS/BUS/tax/BETC-Renewables.shtml
http://egov.oregon.gov/ENERGY/CONS/BUS/docs/betcbro.pdf
Contact for more information:
Public Information
Oregon Department of Revenue
955 Center St NE
Salem, OR 97301-2555
Phone: (503) 378-4988
Phone 2: (800) 356-4222
Fax: (503) 945-8738
Web Site: http://www.oregon.gov/DOR/
Matt Hale
Oregon Department of Energy
625 Marion Street, N.E.
Salem, OR 97301-3737
Phone: (503) 378-4040
Fax: (503) 373-7806
E-Mail: Matt.Hale@state.or.us
Web Site: http://www.oregon.gov/energy
