(at the request of House Interim Committee on Energy and Environment)
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Bill Title:
Relating to solar energy; and declaring an emergency.
Catchline/Summary:
Directs Oregon Business Development Department to establish program to incentivize generation of electricity derived from solar energy. Directs Oregon Business Development Department to establish program to incentivize generation of electricity derived from solar energy. Establishes Solar Incentivization Fund for purposes of program. Directs department to make monthly payments from fund to owner or operator of solar photovoltaic energy system included in program for five years in amount that equals one-half cent per kilowatt hour of electricity generated. Closes program to new applicants on January 2, 2017, or on date on which all solar photovoltaic energy systems included in program have cumulative nameplate capacity of 150 megawatts, whichever occurs earlier.
Sunsets January 2, 2023.
Declares emergency, effective on passage.
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HB 4037
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