Investing in solar energy makes good business sense. With a solar electric or solar water-heating system, you can:
- Reduce your carbon footprint.
- Reduce your operating costs.
- Add value to your property.
No wonder so many Oregon businesses are going solar. With tax credits, incentives and low-cost financing, the investment is more affordable and the payback faster than you might expect. Your solar system will produce clean renewable energy for decades to come. Investing in solar energy not only saves you money over time, but it also demonstrates your commitment to addressing climate change.
Connecting with PGE
PGE makes it easy to go solar with three options:
- Net Metering: This option allows you to offset the cost of the electricity you use from PGE with the energy you generate. If you participate in Net Metering, you are also eligible for Energy Trust incentives and state and federal tax credits.
- Solar Payment Option: PGE pays you for the power your system generates up to the amount of electricity you use. This is an alternative to Net Metering and you are not eligible for Energy Trust incentives and Oregon tax credits. You may still receive federal tax credits.
- Sell power to PGE: Unlike the first two options where you use the power you produce, with this third option you generate power to sell to PGE.
Whichever path you choose, PGE must install special meters so you’ll get credited for power you produce. These meters are different than a standard PGE smart meter.
PGE partnering on solar projects
PGE has partnered with several businesses to develop high-profile solar installations in our area. From thin-film solar panels rolled out on a warehouse rooftop to the nation’s first solar highway, local businesses and organizations are doing exciting things with solar.