On May 9, 2005, Governor Christine Gregoire signed two bills that will increase both supply and demand for renewable energy generation. On the supply side, SB 5111 offers tax breaks to Oregon companies that manufacture and sell solar equipment. On the demand side, SB 5101 offers the first state feed-in credit for solar and wind energy production. A feed-in credit provides performance-based tax breaks for small-scale renewable energy generation to “feed” electricity into the grid; a similar German law spurred high levels of investment in renewables. Governor Gregoire also signed HB 1397 adopting California’s vehicle GHG emissions standards for Washington, conditional on Oregon’s adoption of the standard. In April, Oregon Governor Ted Kulongoski formed a task force to adopt the standard, which would allow the Washington to become the tenth state intending to follow California’s standard. Finally, Washington joined Maryland, Connecticut, Arizona, New Jersey and California in adopting efficiency standards for 12 types of appliances.
Read SB 5101 providing renewable manufacturing incentives (pdf)
Read SB 5111 providing renewable generation incentives (pdf)
Read HB 1397 adopting vehicle emissions standards (pdf)
Read HB 1062 adopting appliance efficiency standards (pdf)