Energy Incentives

ORS 469B.297
Certificate required for tax credits

  • certification not to exceed five years
  • recertification


(1)

A certificate issued under ORS 469B.291 (Final certification) is required for purposes of obtaining tax credits in accordance with ORS 315.331 (Energy conservation projects). Except as otherwise provided in ORS 469B.298 (Recertification of eligibility), such certification shall be granted for a period not to exceed five years. The five-year period shall begin with the tax year of the applicant during which the completed application for final certification of the project under ORS 469B.291 (Final certification) is received by the State Department of Energy. If required by the department in a performance agreement, the project owner shall seek recertification during the five-year period, as provided in ORS 469B.298 (Recertification of eligibility).

(2)

If the original owner of the certificate uses any portion of the credit, the certificate becomes nontransferable.

(3)

For a transferee holding a credit that has been transferred under ORS 469B.276 (Transferability of project tax credit), the five-year period shall begin with the tax year in which the transferee pays for the credit. [2011 c.730 §47; 2015 c.545 §7]
Note: See note under 469B.276 (Transferability of project tax credit).
§§ 469B.130 to 469B.169

(formerly 469.190 to 469.225)

Law Review Citations

16 WLR 392 (1979)

§§ 469B.100 to 469B.118

(formerly 469.160 to 469.180)

Atty. Gen. Opinions

Installation date of alternative energy devices, Department of Energy rule provisions and tax credit limitations, (1977) Vol 38, p 1198; credit from utility to customer feeding excess electrical power from residential alternative energy device back into utility's distribution system, (1977) Vol 38, p 1475


Source

Last accessed
Jun. 26, 2021