| BETC - Renewable Energy Projects |
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| Introduction |
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Oregon Laws, 2010, Chapter 76, Section 2 limits the amount of potential tax credits for facilities (projects) using or producing renewable energy resources or listed as renewable energy resources under ORS 469.185 to $300 million for the biennium ending June 30, 2011. To meet these limits, ORS 469.195(2) established a tiered priority system and the criteria that the Oregon Department of Energy (Department) Director may consider in deciding whether to grant a Business Energy Tax Credit (BETC) for these facilities. The statute requires the Director to subject facilities with higher projected costs to closer scrutiny and compare facilities of similar costs against each other.
ELIGIBILITY
To be eligible to apply an applicant must meet the following requirements:
- Be a trade, business or rental property owner with a business site in Oregon or be an Oregon non-profit organization, tribe, or public entity that partners with an Oregon business or resident;
- Own or be the contract buyer of the facility; and
- Use the equipment or lease it to another person or business in Oregon; and
- Not have started physical construction; and
- Must complete the facility and receive final certification before by July 1, 2012.
PROCESS
Applications will be processed differently depending on the projected facility costs. Click on the following links to be directed to the appropriate tier for your facility (project) based on your projected facility costs:
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| Tier One - projected facility costs < $500,000 |
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PROCESS
To apply for a tier one Business Energy Tax Credit complete the Tier One General Application and the appropriate appendix for your facility. Submit your completed application and review charge to the Oregon Department of Energy at:
Oregon Department of Energy
Attn: BETC Renewable – Tier One
625 Marion St. NE
Salem, OR 97301
Your application will be reviewed and processed on an ongoing basis subject to the tax credit limitations published by the Department. Applications will be processed in the order they are received and may be rejected once all available tax credits have been issued for this tier. If your application is rejected on the basis that there are no more tax credits available, you may be issued a refund.
FORMS
- Tier One General Application Instructions
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PDF
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- Tier One General Application
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PDF |
Word
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- Appendix No. 1 – Biomass, Wind, Hydro & Geothermal
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PDF
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Word
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- Appendix No. 2 – Biomass Infrastructure
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PDF
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Word
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- Appendix No. 3 – Photovoltaic
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PDF
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Word
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» PV Maximum Eligible Cost Calculator
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Excel
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- Appendix No. 4 – Solar Thermal
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PDF
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Word
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» ST Maximum Eligible Cost Calculator
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Excel
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| Tier Two - projected facility costs >/= $500,000 but < $6,000,000 |
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Information about the review process for Tier Two applications received in June 2010 can be found on the Tier Two June-August 2010 webpage.
The next round of Tier Two applications will be accepted in October 2010. Please check this website mid-September 2010 for the October 2010 Tier Two Opportunity Announcement and application forms. Please sign up for BETC e-mail updates at the top of this webpage to receive information.
PROCESS
All Tier Two facilities will be required to submit their application through a competitive application process. When available, please review the Tier Two BETC Opportunity Announcement for all the requirements to submit a Tier Two application. These requirements are in addition to the requirements in statute and rule.
TENATIVE SCHEDULE (subject to change)
October–December 2010 Funding Period
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Due Date (subject to change)
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Date of Issuance
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Mid Sept, 2010
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Date Applications Accepted
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October 1, 2010
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Written Questions Due
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October 13, 2010 by 5PM PST
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Questions & Answers Posted
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October 20, 2010
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Applications Due
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October 29, 2010 by 5PM PST
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Technical Review & Scoring
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November & December 2010
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BETC Preliminary Certificate Notification
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Late December 2010
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FORMS
In mid-September 2010, the Tier Two Opportunity Announcement and application forms for the October-December 2010 funding period will be available. Please sign up for BETC e-mail updates to be notified.
QUESTIONS & ANSWERS
Questions, including requests for explanations of the meaning or interpretation of provisions of the opportunity announcement and application forms, must be submitted via e-mail, arrive by the date and time specified in the schedule above, and be addressed to the attention of only the SPC (betcoa@odoe.state.or.us). To help ensure questions are answered and responses are posted appropriately, please identify Tier Two in your subject line.
Answers to questions submitted will be posted every few days up to the final due date.
October 2010 Posted Questions & Answers (updated August 5, 2010)
Archived Questions and Answers from Prior Funding Periods
June 2010 Posted Questions & Answers (updated June 17th, 2010)
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| Tier Three - projected facility costs >/= $6,000,000 |
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Tier Three applications received in June & July 2010 are currently being reviewed, information about the review process can be found on the Tier Three June-November 2010 webpage.
Please sign up for BETC e-mail updates at the top of this webpage to receive updates about the next Tier Three funding period.
PROCESS
All tier three facilities will be required to submit their application through a competitive application process. When available, please review the BETC Opportunity Announcement - Tier Three for all the requirements to submit a tier three application. These requirements are in addition to the requirements in statute and rule. When announced, this webpage will contain the schedule and forms to apply under a tier three funding period.
QUESTIONS & ANSWERS
Questions, including requests for explanations of the meaning or interpretation of provisions of the opportunity announcement, must be submitted via e-mail, arrive by the date and time specified in the schedule above, and be addressed to the attention of only the SPC (betcoa@odoe.state.or.us). To help ensure questions are answered and responses are posted appropriately, please identify Tier Three in your subject line.
Answers to questions submitted will be posted every few days up to the final due date
Archived Questions and Answers from Prior Funding Periods
June 2010 Posted Questions & Answers (updated June 17th, 2010)
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