The Portland Clean Energy Initiative means $30 million in new annual revenue for clean energy and clean energy jobs in Portland. Nonprofit organizations, alone or in partnership with for-profit companies, schools and/or other government agencies, can apply for grants from this revenue to weatherize homes, install solar and other renewable energy projects, provide job and contractor training, expand local food production and build green infrastructure in Portland.
The revenue is raised by a new 1% business licensing surcharge on the Portland revenue generated by retail corporations with over $1 billion in annual revenue and at least $500,000 in Portland revenue.
