Renewable Energy Systems Exemption

Oregon exempts the added home value from renewable energy systems—like solar panels, geothermal heat pumps, or small wind turbines—from property tax assessment, reducing your long-term ownership costs. You qualify if your system is net-metered or designed to offset your own electricity use. Note that this exemption may expire after July 1, 2029, so act soon if you want to lock in this tax benefit.

This exemption makes your renewable installations more attractive to Oregon homeowners by eliminating property tax increases from system value, which strengthens customer ROI and competitive positioning. You can market this benefit for residential, commercial, and industrial customers installing qualifying solar, geothermal, wind, fuel cell, or hydroelectric systems designed for on-site use or net metering.

Oregon's property tax exemption removes the assessed value increase attributable to qualifying renewable energy systems from the property tax base, applying to residential, commercial, and industrial end-use installations. The exemption applies only to systems that are net-metered or primarily offset on-site consumption; systems on otherwise tax-exempt property remain exempt. The current law sunsets this exemption for tax years beginning after July 1, 2029, creating a defined incentive window.