Here Comes the Sun - A Pending Tax Credit Will Make Commercial Solar Systems a Green, Financial Reality in Oregon
U.S. Newswire, June, 2007
To: ENVIRONMENTAL EDITORS
Contact: Gary Medley of Leopold Ketel & Partners, 1-971-244- 0682, gary@leoketel.com, for Renewable NRG
PORTLAND, Ore., June 15 /PRNewswire/ -- Oregon may have a reputation for cloudy weather, but the forecast for the state's solar energy industry will soon be among the sunniest in the country. That's the assessment of Russ Wright, a local solar panel marketing executive, who calls the pending Business Energy Tax Credit (BETC) legislation "free money" for Oregon business owners who invest in solar.
The BETC -- anticipated to pass the Oregon State Legislature before the end of session -- will raise tax incentives for commercial solar panel systems from roughly 35 to 50 percent. Combined with Energy Trust of Oregon incentives and federal...
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