Technical Resources: Tax Incentives & Programs

Federal Capital Equipment Tax Deduction

The May 2003 economic stimulus and tax-reduction legislation provides accelerated write-off of certain capital costs, including taking up to $100,000 credit in the first year. The Tax Increase Prevention and Reconciliation Act (TIPRA), signed into law on May 17, 2006, expanded this increase through 2009. »More

National

State by State List of Energy Tax Incentives

Oregon Tax Credit Programs

Pollution Control Tax Credit Program

Program Highlights¹:

• Any Oregon taxpayer who makes a capital investment in a pollution control facility (under certain guidelines)
• Types of facilities: Most pollution control devices, waste minimization, recovery/recycling, plus more.
• Application must be filed with Oregon DEQ within one year of completion.
• Tax credit is for up to 35% of the certified cost.

Pollution Control Facilities Tax Credits (PCTC) Fact Sheet

» Program Details

Oregon's Business Energy Tax Credit Program

Program Highlights¹:

• Any business property owner that pays state taxes may qualify.
• Types of projects: Conservation, Renewable Resources, Recycled Materials, Sustainable Buildings, Transportation.
• Application must be filed with the Oregon Office of Energy PRIOR to starting the project.
• Tax credit is 35% of eligible project costs (taken over five years).

For program details visit the
Oregon Office of Energy web site:

http://www.energy.state.or.us/bus/tax/taxcdt.htm

¹ The program highlights are for information only. Eligibility, equipment types, applicability and credit information is available in its' entirety on the web site listed.