Oregon Business Energy Tax Credit

The WTA would be happy to provide assistance in your application for Oregon Business Energy Tax Credits offered by the Oregon Office of Energy. BETC program provides tax credits for implementation of programs that reduce auto trips to the workplace.

Tax credits can be taken for implementing projects such as:

• Dues for joining the WTA, a Transportation Management Association
• Purchase transit passes or transit subsidies for employees
• Purchase or lease of vehicles for vanpooling, carpooling, or shuttles
• Offer incentives that encourage employees to use alternate transportation such as a monthly stipend for biking, walking and carpooling, or items for prize drawings
• Install bicycle lockers and/or racks
• Purchase bicycles
• Implement alternative fuel projects
• Purchase hybrid vehicles
• Purchase equipment and services that allow employees to telecommute

The tax credit is 35 percent of eligible costs, taken over five years, 10 % in the first and second years, and 5% each remaining year. If the total project costs are $20,000 or less the entire tax credit can be taken in one year.

In Oregon, any business that pays income taxes is eligible for the tax credits.

For complete details on how to get the energy tax credit see the Appendix of the WTA Handbook "Getting to Work"

Oregon Office of Energy