Projects usually are approved within two weeks. If you d like to improve the energy efficiency of an existing facility, your utility can help you identify which improvements will save you the most money the fastest. Call your utility representative to schedule a free energy audit. Too The Energy Loan Program offers loans for conservation or renewable resource projects at current market rates. The rate is fixed for the term of the loan up to 12 years with funds currently available.
Loans can cover more than the incremental cost of energy-saving measures.
Savings for Oregon Businesses Since 1980, more than 3,500 tax credits for energy efficiency and renewable resource projects have been awarded to such businesses as grocery stores, restaurants, banks, motels and hotels, laundries, health care facilities, automotive service shops, rental housing, office buildings, farms and ranches, food processors, sawmills, and pulp and paper plants. Another 1,000 tax credits have gone for recycling projects which have recovered more than 15.5 million tons of waste for reuse or reprocessing.