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Oregon Rural Renewable Energy Development (RRED) Zone

Business Oregon (Business Oregon)OR-RREDRefreshed 1 month ago
Do I qualify?
Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Provides enterprise zone-style property tax exemptions for renewable energy facilities located in rural Oregon counties. Facilities qualify for up to 5-year property tax exemption during construction and operation ramp-up.

Key Requirements & Eligibility

  • 1Facility must be located in a designated Rural Renewable Energy Development Zone
  • 2Qualifying projects: utility-scale solar, wind, biomass, geothermal
  • 3Property tax exemption for up to 5 years
  • 4Zone sponsor (county/municipality) must approve the application
  • 5Minimum investment and employment thresholds set by zone sponsor

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Facility must be located in a designated Rural Renewable Energy Development Zone

2.Qualifying projects: utility-scale solar, wind, biomass, geothermal

3.Property tax exemption for up to 5 years

4.Zone sponsor (county/municipality) must approve the application

5.Minimum investment and employment thresholds set by zone sponsor

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