Energy Independence Company

New funding available for solar electric systems!

Starting July 1, Oregonians can install a solar electric system and get paid a premium rate for the electricity produced. The Oregon legislature authorized a trial Solar Incentive (Feed-In-Tariff or FIT) Program in Oregon for investor owned utilities (Pacific Power in our area).

• Solar Incentive Program pays premium rate for solar electricity produced!

• July 1 Solar Incentive Program (FIT) Solar Pilot Trial Begins – fully subscribed!

• October 1 is the next enrollment

• 15 year contract with fixed premium rate

• 30% Federal Tax Credit

• Not eligible for Energy Trust Incentive or Oregon Tax Credit

• 10kW system $59,000 installed (example system, actual cost may vary)

• 10kW and smaller = $.60 per kWh FIT (medium system >10kW = $.55 per kWh)

• 10kw system, producing 12,348 kwh per year

• 15 year FIT contract ≈ $77,000 in FIT payments!

• Great Investment with a Predictable Income Stream

• Clean Renewable Energy

The number of projects participating in the Solar Incentive Program trial will be limited. The FIT rate is fixed for the entire length of the contract. The FIT rate will be adjusted in future funding rounds depending on the popularity of the program. The trial is expected to be very popular, so projects enrolling early will be able to lock in at rates higher than the rates expected in future trial rounds.

Your 10kW system installed at an ideal location in the Roseburg/Douglas County area would produce an estimated 12,348 kWh in the first year. This estimate is adjusted slightly for future years to reflect the slow decline of the PV panel output, around 1% per year. Over the 15-year Solar Incentive Program contract, you could receive payments of ≈ $77,000 from Pacific Power!

The price of solar electric systems vary depending on the equipment installed and characteristics of each site. The typical cost for an installed 10kW system is approximately $59,000. After taking the 30% Federal Tax Credit of $17,700, your net cost is reduced to $41,300, much lower than the Solar Incentive Program (FIT) payments you will receive!

Our solar electric systems are designed with quality parts that power for years with virtually no maintenance. Typical systems include quality REC PV panels (includes OR components) with 25-year warranty, a quality inverter from Oregon’s own PV Powered with 10-year warranty, and all the equipment to complete the job. Installation, permitting, freight and delivery to job is included as well as technical assistance, drawings, and operation manual. Conduit, wiring and electrician time will be included in costs. South facing roof with little shade or land for ground/pole mounts is ideal. Additional costs may be needed for electrician work, ground mounts, 2+ story roofs, or steep roofs.

Call today to reserve your project soon!

You can use our Contact Form, or call us at 541-496-3987