Oregon Administrative Rules
Chapter 330 - DEPARTMENT OF ENERGY
Division 70 - TAX CREDIT ELIGIBILITY CRITERIA FOR RESIDENTIAL ALTERNATIVE ENERGY DEVICES
Section 330-070-0020 - Eligibility
Universal Citation: OR Admin Rules 330-070-0020
Current through Register Vol. 63, No. 9, September 1, 2024
(1) To qualify for a credit, a person must meet all of the following:
(a) Be subject to Oregon personal income tax.
(b) Purchase an AED, complete
construction, install an AED in or at an Oregon dwelling, and obtain a
certification in accordance with OAR 330-070-0010 through 330-070-0097.
(c) Be the owner or contract buyer
of an Oregon dwelling served by the AED, or be a tenant of the dwelling owner:
(A) Use the dwelling as a primary or
secondary residence; or
(B) Rent
or lease the dwelling to a tenant who uses the dwelling or dwellings as a
primary or secondary residence.
(2) Notwithstanding (1)(b), a residential property owner may qualify for a credit for an AED that is a third-party alternative energy device installation by meeting the following additional requirements:
(a) Installations must include
a minimum 10-year agreement between the residential property owner and the
third-party owner of the AED. The agreement must cover maintenance of the AED
and either the use of the AED or the power generated by the AED for the entire
length of the agreement.
(b) The
third-party must comply with OAR 330-070-0029.
(c) The applicant must provide system cost
information for third-party AED installations. System cost can be demonstrated
by providing either a copy of an invoice for the purchase of the AED by the
third-party owner, or a declaration from the third-party owner of
representative market value for an AED that includes the costs of supply and
installation. Such a declaration must include a list of primary system
components and their pricing, itemizing material pricing separately from
installation pricing.
Stat. Auth.: ORS 469.040; 469B.100; 469B.103; 469B.106
Stats. Implemented: ORS 469B.100-469B.118; 316.116; 317.115
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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