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Go Green and Save With These Energy Efficiency Incentives in Portland

by | Jul 27, 2016 | Living Urban | 0 comments

There are plenty of reasons to go green when it comes to Portland modern homes. Not only is it good for the environment and for your health, but cutting your carbon footprint can save you money in a variety of ways.

Whether you choose to install low-flow toilets and faucet aerators that curb water waste, you upgrade to energy-efficient appliances and electronics, or your install weather stripping and other sealants to regulate your interior temperature and stop bought air from leaking out, you’re going to see a reduction in utility bills for Portland homes. You could save even more, though, with targeted upgrades.

Several organizations offer incentives to homeowners that take strides toward greater efficiency in the home. With all the older homes in the most desirable Portland neighborhoods, you definitely stand to gain a lot of benefits from energy-efficient upgrades. Here are a few incentives you could enjoy in the process.

Energy Trust of Oregon

Although tax incentives for energy-efficient upgrades have dried up at the federal level, Oregon is one state that offers plenty of incentives to residents. These incentives are provided by the Energy Trust of Oregon, a non-profit organization tasked with administering the public purpose fund for conservation, energy efficiency, and renewable energy programs.

As a resident of Oregon you can take advantage of a variety of incentives related to energy-efficient home upgrades. The biggest returns are related to premium-efficiency heat pumps (or heat pump optimization) and heat pump water heaters.

However, you may also be eligible for cash back for other heating, cooling, and water heater upgrades, as well as weatherization of the home (insulation, ostensibly), renewable projects like solar panels or residential wind turbines, and even some Energy Star appliances. You may also qualify for state tax credits. Just check in with Energy Trust to see if planned upgrades come with incentives.

PGE

Portland General Electric (PGE) also offers incentives to cut back on energy usage in Portland lofts, condos, and homes. You can not only receive cash back or credit for upgrading thermostats, heat pumps, and other home products, but you could also take advantage of financing options that allow you pay off some energy-efficient heat pump system upgrades via your monthly energy bill.

As a homeowner, you’re always looking for ways to reduce expenses. When you make the right upgrades to your Portland home you have the opportunity to do your part for the environment, save on utilities, and gain extra financial benefits in the process thanks to incentives.