State Energy Loan Program (Oregon)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Oregon

Name State Energy Loan Program
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Tribal Government, Fed. Government, Rural Electric Cooperative
Eligible Technologies Water Heaters, Lighting, Chillers, Boilers, Heat pumps, Central Air conditioners, Heat recovery, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Motors, CHP/Cogeneration, Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Geothermal Heat Pumps, Municipal Solid Waste, CHP/Cogeneration, Small Hydroelectric, Renewable Fuels
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Typically 20,000 - 20 million

Maximum Incentive None

Terms Terms vary, generally in the range of 5 to 15 years. The loan term must be within the expected life of the project.
Program Administrator Oregon Department of Energy
Date added to DSIRE 2000-01-01
Last DSIRE Review 2014-10-20

References DSIRE[1]


The Oregon State Energy Loan Program (SELP) was created in 1981 after voters approved a constitutional amendment authorizing the sale of bonds to finance small-scale, local energy projects and is administered by the Oregon Department of Energy. The sale of bonds is made on a periodic basis and, occasionally, may be done accommodate a particularly large loan request.

The program offers low-interest loans for projects that:

  • Save energy;
  • Produce energy from renewable resources such as water, wind, geothermal, solar, biomass, waste materials or waste heat;
  • Use recycled materials to create products;
  • Use alternative fuels; and
  • Reduce energy consumption during construction or operation of another facility

Loans are available to individuals, businesses, schools, cities, counties, special districts, state and federal agencies, public corporations, cooperatives, tribes, and non-profits.

Though there is no legal maximum loan, the size of loans generally ranges from $20,000 to $20 million. Terms vary, but are generally set to match the term of the bonds that funded the loans. Loan terms may not exceed project life.

Applications are available on the program web site.

Incentive Contact

Contact Name Adam Morgan
Department Oregon Department of Energy

Address 625 Marion Street, N.E.

Place Salem, Oregon
Zip/Postal Code 97301-3737
Phone (503) 373-1032


Authorities (Please contact the if there are any file problems.)

Authority 1: OAR 330-110-0005 et seq.
Date Effective 1980-05-20
Date Enacted 1980-05-20

Authority 2: ORS § 470.050 et seq.
Date Effective 2006-01-01
Date Enacted 2005-06-14

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"