Oregon solar incentives dry up

| Print |  Email
Must Reads
Friday, February 15, 2013

Large solar arrays are vanishing in Oregon along with the lower incentives now offered for them.

[Energy Trust of Oregon] opened bids for $1 million in grants for large solar projects, plunging from $7.3 million the year before. Furthermore, the bigger pot of cash for these ambitious -- and lucrative -- solar projects has dried up since the Legislature scrapped the controversial business energy tax credit in 2011 as the projected cost ballooned to hundreds of millions.

The fallout, according to Oregon solar industry insiders: Huge installations like the almost 7,000-panel, $10 million system near Wilsonville -- which opened last summer and received almost $5 million in state tax credits and $1.75 million from the Energy Trust – are vanishing. They were also the most profitable ventures for developers. Now the businesses are shedding workers and looking for opportunities in more solar-friendly states.

Read more at OregonLive.com.

{biztweet}oregon solar{/biztweet}

 

More Articles

Reader Input: Energy Overload

June 2015
Wednesday, July 15, 2015

We asked readers to weigh in on the fossil fuel-green energy equation.


Read more...

Portland’s long-distance bike commuters

The Latest
Monday, August 03, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Baby. Boom!

September 2015
Wednesday, August 26, 2015
BY LINDA BAKER

A new co-working model disrupts office sharing, child care and work-life balance as we know it.


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...

Photo log: Murray's Pharmacy

The Latest
Friday, July 17, 2015
OBM-Heppner-Kaplan thumbBY JASON KAPLAN

Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner.  The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.


Read more...

Unshakable

September 2015
Wednesday, August 19, 2015
BY BRIAN LIBBY

Ben Kaiser holds his ground.


Read more...

Inside the Box

September 2015
Wednesday, August 19, 2015
BY GINA BINOLE

Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS