Tag: Oregon Department of Energy

Energy Tax Law Alert: ODOE Issues Final Administrative Rules

On November 24, 2010, the Oregon Department of Energy (“ODOE”) issued final permanent administrative rules (the “Permanent Rules”) relating to the Business Energy Tax Credit (“BETC”). For a description of the BETC generally, see our previous alerts on November 5, 2009, February 27, 2008, and July 2, 2007. The Permanent Rules finalize and make some … Continue Reading

ODOE Announces Funding for Small Renewable Projects Gone

Earlier this year, the Oregon Department of Energy (“ODOE”) allocated $10 million in tax credits for renewable energy projects with costs of less than $500,000 (“Tier One Projects”). On Wednesday, October 13, ODOE announced that it will no longer accept applications for Tier One Projects because as of October 11 ODOE had received applications for … Continue Reading

Upcoming BETC Deadline–July 30, 2010

Pursuant to recently issued temporary regulations, the Oregon Department of Energy has imposed a July 30, 2010 deadline for projects seeking a BETC that have projected facility costs of $6 million or greater. See the link below for specific details. Tier Three Projects… Continue Reading
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