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Oregon or residents who switch to solar are eligible for these local, state and federal tax programs.
|Program Name||Program Type||Amount|
|Residential Renewable Energy Tax Credit||Tax Credit||30% before 2020 26% during 2020 22% during 2021|
|Residential Energy Conservation Subsidy Exclusion (Personal)||Tax Exemption||Full rebate amount excluded from taxable income|
|New Homes Incentive Program||Rebate||$200|
|Net Metering||Utility Credit||Excess power credited to customer's next bill and rolled over monthly. Annual excess energy is credited to low-income accounts and absorbed for others.|
|Renewable Energy Systems Exemption||Property Tax Exemption||Tax exclusion for 100% of system appraisal|
|Residential Energy Tax Credit||State Tax Credit||Up to $1,500 tax credit|
|Solar Electric Incentive Program||Performance Incentive||Varies:PGE: $0.30/watt DC, up to $2,100 per home Pacific Power: $0.25/watt DC, up to $1,500 per home|
|Home Energy Solutions for Existing Homes||other|
The main cost of a solar system is the panels, which will vary depending on your power and roof needs. Newer ones are expected to last 25 years in good conditions. Inverters tend to cost around $500 and usually need to be replaced in 5-10 years, but this will depend on the inverter type. Other costs include frames to hold the panels, wiring, etc, and are relatively small.
|SolarWorld||184||SW 285 Mono|
|SolarWorld||89||SW 290 mono|
|SolarWorld||61||SW 280 mono|
|SMA America||143||SB3000TL-US-22 (240V)|
|SMA America||82||SB3800TL-US-22 (240V)|