Business Oregon : Rural Renewable Energy Development (RRED) Zone : Rural Renewable Energy Development (RRED) Zone : State of Oregon

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</p> <p> Business Oregon : Rural Renewable Energy Development (RRED) Zone : Rural Renewable Energy Development (RRED) Zone : State of Oregon<br />

The Rural Renewable Energy Development (RRED) Zone Program offers eligible businesses a tax abatement from local property taxes for a three to five year period.

Eligible investments must:

Harness wind, geothermal, solar, biomass, or other unconventional forms of energy to generate electricity; or
Produce, distribute, or store any of a wide variety of biofuels.

Qualifying projects must be related to renewable energy activities and meet the same criteria as stipulated under the Standard Enterprise Zone Program. A local government sponsor may waive the requirement to create full-time employment with a new project if the cost of the investment is $5 million or more.

A city, county, or several contiguous counties may set up a RRED Zone that covers all territory in the jurisdiction(s) outside the urban growth boundary (UGB) of any metropolitan area/sizeable city. The total amount of qualifying property among one or more project is subject to a locally set cap within each zone, which can be no greater than $250 million in initial market value of each project.

List of RRED Designated Zones

Area	Effective Date
Clackamas County*	January 13, 2022
Coos County	Dec 2, 2019
Crook County	January 1, 2020
Deschutes County*	January 8, 2015
Douglas County	January 29, 2020
Gilliam County	January 20, 2021
Jackson County*	Dec 12, 2014
Lake County	July 1, 2019
Linn County*	July 1, 2018
Malheur County	January 1, 2015
Polk County*	July 1, 2018
Sherman County	February 28, 2019
Wasco County	May 6, 2020
City of Pilot Rock	February 18, 2020

*Excluding any area within a UGB of a metropolitan region or city with a population of 30,000 or more.

For more information, please contact your Local Zone Manager, or for statewide information contact our Business Incentives Coordinator.

Sources

1/ https://Google.com/

2/ https://www.oregon.gov/biz/programs/ruralrenewableenergydevelopment(rred)zone/pages/default.aspx

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Business Oregon : Rural Renewable Energy Development (RRED) Zone : Rural Renewable Energy Development (RRED) Zone : State of Oregon

List of RRED Designated Zones

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Business Oregon : Rural Renewable Energy Development (RRED) Zone : Rural Renewable Energy Development (RRED) Zone : State of Oregon

List of RRED Designated Zones

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