Businesses
Government-funded
Varies
Amount varies
Subsidy
Ongoing cost support
Rolling
No fixed cutoff
Rolling
No fixed cutoff
Moderate
Standard state application
This program assists rental property owners and managers in Oregon and Washington with energy efficiency upgrades to reduce operating costs and improve tenant satisfaction. Eligible properties must be heated by specific utility providers including Portland General Electric, Pacific Power, NW Natural, Cascade Natural Gas, or Avista.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Rental property located in Oregon or Washington
2.Property heated by Portland General Electric, Pacific Power, NW Natural, Cascade Natural Gas, or Avista
3.Owner or property manager of the rental property
4.Property must meet energy efficiency upgrade eligibility criteria
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
ODOE · Oregon
Provides transferable Oregon income tax credits for businesses investing in energy conservation, renewable energy, and battery storage projects, covering 35–50% of eligible costs.