The Oregon Department of Justice settled claims with Reliant Energy, and dedicated $1 million of the settlement funds to establish the CREFF under the Oregon Department of Energy.
Varies by project
'''''Note: This program is currently fully subscribed, but the program will reopen when funds are repaid back into the revolving loan fund.'''''
The Oregon Department of Energy (ODOE) provides grants for feasibility studies for renewable energy, heat, and fuel projects under the Community Renewable Energy Feasibility Fund (CREFF). This program is similar to the Renewable Energy Feasibility Fund, though the scope of CREFF is broader, as it offers grants to companies in the private sector. Renewable energy projects eligible for Oregon's [http://dsireusa.org/incentives/incentive.cfm?Incentive_Code=OR03F&re=1&ee=1 Business Energy Tax Credit] or [http://dsireusa.org/incentives/incentive.cfm?Incentive_Code=OR04F&re=1&ee=1 Small-Scale Energy Loan Program] are eligible for CREFF. Smaller scale heat and fuel generation projects are eligible, and generally electric generation projects sized 25 kilowatts (kW) to 10 megawatts (MW) will be considered.
Funding for the program comes from a settlement between the Oregon Department of Justice and Reliant Energy. $1 million of the settlement funds was used to establish CREFF under the Oregon Department of Energy. CREFF is designed to be a revolving fund, and projects that are ultimately constructed and are profitable are required to pay the state back for the initial grant amount.