Resources

Oregon Revised Statutes (ORS)

Oregon Administrative Rules

Rural Renewable Energy Development Zone

Rural Renewable Energy Development (RRED) Zones offer an incentive to encourage new investments that either:

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

Throughout Oregon, a city, county or several contiguous counties can set up a RRED Zone that covers all the territory in the jurisdiction(s) outside the urban growth boundary (UGB) of any large city or metropolitan area.

The abatement is the standard (3- to 5-year) exemption from local taxes on qualified property available in any enterprise zone, except that in a RRED Zone it is only for renewable energy activities (which also are eligible in an enterprise zone). In addition, the total amount of property (among one or more projects) that can qualify is subject to a locally-set cap with each RRED Zone designation of $250 million or less in initial market value.

Since 2013, the local government sponsor (county) may waive the requirement to create full-time employment with a new project, if the cost of the investment is $5 million or more. This is like the $25 million waiver in an enterprise zone, except that local additional conditions may not be imposed.

Designated Zones

Clackamas County* Effective May 3, 2011
Crook County Effective April 29, 2008
Deschutes County* Effective January 8, 2015
Jackson County* Effective December 12, 2014
Jefferson County Effective February 5, 2010
Klamath County Effective August 25, 2009
Lake County Effective December 8, 2008
Linn County* Effective April 7, 2008
Malheur County Effective January 1, 2015
Polk County* Effective January 18, 2008

*Excluding any area within metropolitan/large-city urban growth boundary (UGB).