Portland General Electric (PGE) has commenced its application process for the Green Future Renewable Development Fund aimed at bolstering small-scale renewable energy projects in Oregon. The initiative, established over two decades ago, has invested more than $20 million into 119 projects, resulting in the generation of over 17.1 megawatts of renewable energy. This fund is a cornerstone of PGE’s commitment to sustainability, as it seeks to align with Oregon House Bill 2021 targets. These targets include an 80% reduction in emissions from the retail power supply by 2030, followed by full decarbonization by 2040.
The fund is heavily supported by 225,000 participating customers who opt to pay an additional charge on their utility bills, demonstrating substantial community backing for renewable energy practices. Noteworthy among the fund’s beneficiaries is the Northwest Housing Alternatives project in Portland, focused on integrating solar and battery systems to provide reliable energy solutions for senior populations. Other recent projects across Oregon emphasize both solar panel installations and battery storage, underscoring PGE’s strategy to cultivate a robust and sustainable energy framework.
The funding cycle for this year closes on June 30, with a webinar set for May 22 to assist prospective applicants. This fund not only highlights PGE’s environmental dedication but also reflects the community’s role in advancing renewable energy initiatives.
