Tax credits for green upgrades

Tax credits for green upgrades

Rep. David Wu announced bills that provide $100 million for energy upgrades in commercial buildings and give residential fuel cells the same tax breaks as business fuel cells.

Wu, a Portland Democrat, said he modeled his "building energy tax credit" after Oregon's business energy tax credit. Businesses from wind farms to ethanol taps have tapped that credit for millions in state tax breaks.

Residential energy efficiency improvements, wind projects and other alternative energy projects already receive federal tax subsidies.

Read the full story at OregonLive.com.

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