Oregon State Code to Establish Alternative Energy Tax Credits

This rule provides that a resident individual shall be allowed a credit against the taxes otherwise due for costs paid or incurred for construction or installation of one or more alternative energy devices in or at a dwelling. For each category one alternative energy device other than an alternative fuel device or an alternative energy device that uses solar radiation for domestic water heating or swimming pool heating, the credit allowed under this section may not exceed the lesser of 50 percent of the cost of the alternative energy device or $ 1,500.