This week marks the end of week nine of the Legislative Session. Below is a review of the week.
HB 2681 – Residential Energy Tax Credit (RETC)
The House Energy and Environment Committee held a public hearing and work session on House Bill 2681, which would extend the sunset for tax credits for the construction or installation of alternative energy devices until 2024. Representative Nosse opened the hearing by explaining the importance of the Residential Energy Tax Credit (RETC) to battling climate change and noting the strong support from homeowners for the program. Representative Nosse said he believes that the tax credit will eventually become unnecessary but it warrants extension at this time. The Oregon Solar Energy Industry Association (OSEIA) testified in support of the RETC, noting the benefits of the program to sustainabi