Office of Planning, Environment, & Realty (HEP)
Planning • Environment • Real Estate
Flowchart showing the entities involved in the public-private partnership for a public lease/power purchase model of a solar project development. The utility company establishes a net metering agreement with the public entity. The public entity signs either a site license agreement (SLA) or Solar Power Purchase Agreement (SPPA). It is an SLA, a third-party private partner, such as a Limited Liability Company, constructs the solar project, which generates various tax benefits (e.g., Oregon's Business Energy Tax Credit, Federal Investment Tax Credit, Accelerated Depreciation, and/or Utility Financial Incentives). If the agreement is an SPPA, the utility or the public entity will construct the solar project and receive the tax benefits.
