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Oregon

Oregon

Incentives/Policies for Renewables & Efficiency

Printable Version
Clean Energy Works   

Last DSIRE Review: 11/10/2014
Program Overview:
State: Oregon
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Water Heaters, Furnaces , Heat pumps, Duct/Air sealing, Building Insulation, Windows
Applicable Sectors: Residential
Amount:Up to $30,000
Terms:Varies by lender and loan type, repaid on heating bill or directly to lender
Funding Source:American Recovery and Reinvestment Act of 2009 (ARRA), Energy Trust of Oregon, State lottery revenue bond proceeds
Web Site: http://www.cleanenergyworksoregon.org/
Authority 1:
Date Enacted:
ORS ยง 470.575 et seq.
7/22/2009
Authority 2:
Date Enacted:
HB 2626
7/22/2009
Authority 3:
Date Enacted:
SB 5703
04/01/2014
Summary:

Clean Energy Works began in 2009 as a pilot program run by the City of Portland. In 2010, the U.S. Department of Energy awarded $20 million to create a statewide nonprofit to expand the program beyond Portland and serve thousands of homeowners in urban, suburban and rural Oregon. Clean Energy Works Oregon also has funding from the State of Oregon, local governments, workforce investment boards and national foundations to support its efforts. The goal of Clean Energy Works Oregon is to finance energy efficiency retrofits for approximately 6,000 homes throughout Oregon, by offering a one-stop program for whole-home energy upgrades. The program is available statewide, including Clackamas, Crook, Deschutes, Jackson, Josephine, Jefferson, Hood River, Klamath, Lake, Multnomah and Washington Counties.

Through Clean Energy Works, homeowners can finance up to $30,000 at a fixed interest rate for home energy efficiency retrofits for a variety of measures. Customers have varying lender and loan options depending on where they live.  In most cases in the Portland metro area, the loan is repaid on heating or utility bills. To participate in Clean Energy Works Oregon, homeowners must submit an application and be approved to participate, have an energy assessment performed to prioritize energy efficiency improvements, and then decide on the energy efficiency improvements and a financing option. The on-bill financing mechanism was originally authorized by Oregon’s Energy Efficiency and Sustainable Technology Act of 2009 (HB 2626)

SB 5703 authorized an additional $5 million in lottery revenue bond proceeds in 2014, bringing the total funding from the State to $10 million for the 2013-2015. The State expects this funding will be sufficient to transition Clean Energy Works to a fully independent program, supported by its own business model. It does not anticipate providing additional funding to Clean Energy Works in the future. 


 
Contact:
  Program Information
Clean Energy Works
1733 NE 7th Ave.
Portland, OR 97212
Phone: (855) 870-0049
E-Mail: info@cleanenergyworksoregon.org
Web Site: http://www.cleanenergyworksoregon.org/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.