| Program | PGE Renewable Development Fund |
|---|---|
| Category | Financial Incentive |
| Implementing sector | Utility |
| Last Update | |
| State | Oregon |
| Administrator | Portland General Electric Co |
| Website | https://portlandgeneral.com/about/who-we-are/community/renewable-dev-fund |
| Technologies | Solar Photovoltaics |
2023 application window: May 31 - July 31.
Portland General Electric Company (PGE) offers its customers a voluntary renewable power option. A portion of the customer payments for renewable power are used to seed the Renewable Development Fund, which provides financial support for local renewable power projects.
The Renewable Development Fund supports new renewable energy projects less than 10 MW in capacity that are directly interconnected to PGE's grid or delivered to PGE through a Power Purchase Agreement. The Fund also supports certain research and development projects and educational components associated with renewable energy projects previously funded by the PGE Renewable Development Fund.
Priority is given to projects:
- hosted by a public or non-profit entity or in partnership with such an entity;
- sited within the PGE service territory and owned by a PGE customer;
- benefiting environmental justice communities;
- providing a substantial educational, environmental and economic benefit to the community and PGE customers;
- or demonstrating efforts to obtain all other available funding sources, including incentives, grants, tax credits, in-kind donations or other creative efforts
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