Energy-Saving Improvements To Federal Building In Oregon Deliver $778,075 in Tax Credits
Release Date: September 4, 2014
The General Services Administration's Northwest/Arctic Region has received a $778,075 tax credit from the Oregon Department of Energy for energy-saving improvements made at the recently renovated Edith Green-Wendell Wyatt Federal Building (EGWW). The Oregon Department of Energy offers the Business Energy Tax Credit to organizations who invest in energy conservation, recycling, renewable energy resources, and less-polluting transportation fuels. Since the U.S. government does not pay tax on the buildings it owns, GSA used the Oregon Department of Energy Pass-Through option to exchange the tax credit for a lump sum payment. The funds will be invested in future regional energy conservation projects. This rebate proves the EGWW Federal Building is performing as it should and leading to significant energy savings. GSA’s Region Northwest/Arctic Region has received more than $1.5 million in rebates since Fiscal Year 2010 for energy conservation projects throughout Alaska, Idaho, Oregon, and Washington. Click here for more.