Thursday, March 3, 2011

Understanding the Feed in Tariff Program

The Feed in Tariff program will once again be available for Oregon homeowners on April 1rst, 2011 as an optional incentive for solar electric installations. This program actually pays you for the wattage that is generated from your solar array for a period of several years based on your location, utility provider and array size in wattage. There are several restrictions and stipulations so the following link at SolarOregon addresses the entire program in detail.

Of particular note about this program that many people don't realize is participation means the forfeiture of the State of Oregon tax credit as well as the cash rebate incentive offered by the Energy Trust of Oregon. The Feed in Tariff program is ideal for a client who has the cash on hand to pay for the solar installation up front without the need for the cash rebate or the tax credit.

Of course, if you choose not to participate in the Feed in Tariff program, you can still take advantage of the tax credits and the cash rebate programs providing you qualify. Give me a call at 541-490-9771 for answers to any and all of your questions!