Sample Costs for a Typical 4.72 kW Rooftop Solar System in the Corvallis Area
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Homeowner expenses with Seeds for the Sol assistance incentives running total
Total System Cost – before incentives ($12,508)
Energy Trust of Oregon Rebate-more information… $2,360 ($10,148)
SfTS Sun Buddy 0% Loan $3,044 ($7,104)
SfTS Pass Through Partner Agreement $5,400 ($1,704)
Seeds for the Sol Processing Fee ($150)
Homeowner out-of-pocket cost-after incentives ($1,854)
Homeowner with no assistance incentives running total
Total System Cost – before incentives ($12,508)
Energy Trust of Oregon Rebate-more information… $2,360 ($10,148)
Federal Tax Credit $3,044 ($7,104)
Oregon State Tax Credit $6,000 ($1,704)
Cost after 1st year $1,500 ($5,604)
Cost after 2nd year $1,500 ($4,104)
Cost after 3rd year $1,500 ($2,604)
Homeowner out-of-pocket cost-after four years $1,500 ($1,104)

System Cost: Estimated by the participating solar installers Abundant Solar and BE Solar for a 4.1 kW installation.
Energy Trust of Oregon Rebate: Solar incentive calculated as 4.7kW x $0.50/W = $2,350; as of 2/21/17 (see http://energytrust.org/renewable- energy/incentives/solar/Residential/SolarElectric).
Federal tax credit: 30% of homeowner cost after the ETO rebate, returned with federal tax return.
State tax credit: $6,000 maximum or 50% of system cost, returned in maximum increments of $1,500 over a minimum of 4 years.
Sun Harvester: Homeowner that is assisted by Seeds for the Sol to have solar power system installed on their roof.
Sun Buddy 0% Interest Loan: Sun Harvester pays SFTS back when their federal tax return arrives.
Pass Through Partner Agreement: Sun Harvester agrees to sell their state tax credit at 90% of its value. On a 4.1 kW system the Pass Through Partner pays the Sun Harvester $5,400 at closing. At this point, the Oregon Dept. of Energy recognizes the Pass Through Partner as the owner of the $6,000 state tax credit.
Processing Fee: This fee covers administrative costs for Seeds for the Sol.

Typical Energy Savings: $350 – $450 / year