[ODOE_News] FW: Energy Incentive Program Fee hearing scheduled for Dec. 19

[McDaniel, Sylvia]

Updated (12/13)

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FOR IMMEDIATE RELEASE
Dec. 12, 2011
11-80

CONTACTS:
Lisa Pinheiro (503) 373-2293





Energy Incentive Program Fee hearing scheduled for Dec. 19



SALEM - The Oregon Department of Energy (ODOE) will hold a public hearing on Dec. 19 to take public input on the proposed fee structure for the new Energy Incentive Program (EIP). HB3672 that passed during the 2011 Legislative Session created the new program to replace the Business Energy Tax Credit (BETC).



The following proposed program fees will be discussed at the EIP hearing:

§  Renewable Energy Development Grant

Application Fee: $200

Technical Review Fee: 1.05% of project cost



§  Conservation Energy Incentive Program

Informational filing fee for Small Premium Project (SPP) under $20K: $60

Application Fee: $200 (not charged to SPP projects)

Technical Review Fee: 0.55% of project cost (not charged to SPP projects)

Final Review Fee: 0.5% of project cost



§  Transportation Energy Incentive Program

Application Fee: $200

Technical Review Fee: 0.55% of project cost

Final Review Fee: 0.5% of project cost



§  Pass-through Participation Fee

Fee for pass-through transactions with ODOE assistance:

Energy Incentive Programs: 1% of tax credit amount (maximum fee $25,000)

BETC Program: 0.5% of tax credit amount (maximum fee $25,000)

Fee for pass-through transactions without department assistance:

Energy Incentive Program and BETC Program: $100 per tax certificate issued



§  All Incentive Programs

Re-Inspection Fee: $400 (also applies to the BETC program; projects that have not received final certification).

Amendment Fee: $300

The hearing will take place at ODOE's main office in Salem (625 Marion St. NE) beginning at 9:30 a.m.


For more information about the fees, please go to the following ODOE webpage: http://www.oregon.gov/ENERGY/CONS/Rulemaking2011-HB3672.shtml



If you would like to contribute but are unable to attend, written comments may be submitted before 5:00 pm on Dec. 19, 2011. Comments can be sent via e-mail to: kathy.d.stuttaford at state.or.us<mailto:kathy.d.stuttaford at state.or.us> .
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About the Department of Energy: The Oregon Department of Energy provides tax credits, loans, technical assistance and energy information for homes, businesses, manufacturing, farms, ranches, schools and governments.


Oregon Department of Energy

Main Office

625 Marion Street N.E.
Salem, OR 97301-3737

Phone: 503-378-4040

Toll-free in Oregon: 1-800-221-8035

Fax: 503-373-7806



Website: www.oregon.gov/ENERGY<http://www.oregon.gov/ENERGY>














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