Stoel Rives LLP
09/04/2025 | News release | Distributed by Public on 09/04/2025 13:34
Oregon’s Building Performance Standards: ODOE finalizes incentive program rules
Oregon's new Building Performance Standards (BPS) are now in effect, setting phased energy targets for commercial and institutional buildings.
Although the first compliance deadline is not until 2028, building owners should prepare now, as the Oregon Department of Energy (DOE) has just finalized its rules regarding the incentive program for early compliance. A competitive incentive application process is expected to open soon, with a short 45-day window.
Key Takeaways:
- Tier 1 buildings must meet performance targets between 2028 and 2030; Tier 2 buildings begin reporting in 2028.
- Incentives offer up to 85¢/sq ft for Tier 1 and 35¢/sq ft for Tier 2, capped at $50K and $35K.
- Priority goes to rural, high-use, multi-tenant, and affordable multifamily properties.
- Applications require detailed energy data and documentation of compliance efforts.
Read the full article here to see how early action could translate into real savings.
Stoel Rives LLP published this content on September 04, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 04, 2025 at 19:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]