Celebrating our 10th Anniversary!
LOSN wants your help in sustaining a prosperous, equitable, and environmentally healthy Lake Oswego for future generations
LOSN has had an impactful decade, yet, there are many challenges ahead and it takes our entire community to achieve our shared goals. We ask for your generosity to keep our momentum going with a tax-deductible gift before the end of year.
Please join our efforts to ensure our environmental, economic, and social goals are intertwined and address specific sustainability priorities during 2024:
- Reduce noisy, polluting gas-powered landscaping equipment through transitioning to quieter electric tools.
- Build more electric vehicle charging stations in Lake Oswego.
- Help people develop personal home electrification plans.
- Advocate for our climate and for sustainability with our local and state government.
- Expand the reach of LOSN.
Celebrate our first decade and let’s expand our impact together. Support us with a donation today.
Lake Oswego Sustainability Network
16181 Parelius Circle
Lake Oswego, OR 97034
Donations are tax deductible. The Lake Oswego Sustainability Network is a 501(c)(3) organization with Tax ID# 47-3672319
How and When to Begin your Electrification Journey
To start your electrification journey, consider getting an assessment from a home performance contractor who can develop a holistic, integrated plan for your home. They can help you smoothly, efficiently and economically stage your project while maximizing the discounts and tax credits. A Guide from Rewiring America has case studies showing how to think about maximizing the financial incentives over several years.
To see how this works check out the Rewiring America calculator. Put in a few pieces of information to determine if you are eligible for upfront discounts. If your eligibility is limited to tax credits, get a home performance assessment for assistance in staging your projects over several years to maximize your tax credits. If you are eligible for discounts, plan, but consider waiting until more information is available about your eligibility before you start your project.
Finally, even with these tax credits and discounts and knowing that you will likely save hundreds of dollars every year in reduced energy costs, these upfront costs can be daunting. Craft 3, a nonprofit lender, offers home energy loans with competitive interest rates and repayment through your PGE bill.
Also, ask your HVAC contractor about financing options that they have. Some of the major HVAC brands offer low or even zero interest loans through their preferred dealers which can help you to avoid the up-front cost and also avoid additional interest payments. Be aware however, that those zero interest plans can come with steep penalties for missing a payment. If you are diligent about payments, a zero interest loan can save you hundreds of dollars in the long run.
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The Inflation Reduction Act, signed by President Biden on August 16, represents the most important federal climate legislation ever signed into law. It is estimated that the bill will reduce the country’s greenhouse gas emissions by about 40% below the nation’s previous peak. There are incentives you can get now while others will take effect on January 1, 2023.
The bill extends the $7500 tax credit for many EV cars, but the rules are complicated and change over time. Some EVs which qualify for incentives now may not qualify after the first of the year, while some that don’t qualify now will after January 1, 2023. So if you are considering getting an EV check out our EV project page now for the most up-to-date fact sheet on EV Financial Incentives.
Business incentives for EVs are especially enciting. Check out why here.
The law includes many ways to reduce the greenhouse gas emissions from your home. Tax credits for rooftop solar are available immediately. After January 1, tax credits become available for home energy efficiency upgrades, heat pumps for space conditioning and hot water heaters, electrical panel upgrades, home weatherization, and battery storage–no matter one’s income. Additional tax credits are available for families with income thresholds.
These home electrification incentives can be substantial adding up to as much as $14,000 per household. Check out the list of incentives available and how much you may qualify for by using the Rewiring America calculator. and find more electrification tips on our Electrify LO page.
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