Solar photovoltaic systems make up a small percentage of electricity generation in the state—less than 1 percent. But our output has grown exponentially, and solar is growing at a faster rate than any other energy resource in the country, as of November 2018. The solar resource availability east of the Cascades is typically 30-40 percent greater than the Willamette Valley or coast. However, solar energy technologies work throughout Oregon and generate electrical and thermal energy in all parts of the state.
When you install a solar system, 26% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is going to be phased out by 2024.
To be eligible to claim this credit, you must owe federal taxes.