Clackamas Regional Center Transportation Management Association

BETC – Business Energy Tax Credit

When it comes to state business taxes, the Oregon Business Energy Tax Credit (BETC) can really pay off. BETC allows your company to take a tax credit equal to 350f the eligible costs for transportation-related programs such as:

  • Subsidizing all or part of your employees' monthly or annual TriMet passes through TriMet's transit pass programs
  • Purchasing equipment that allows employees to work from home
  • Offering financial incentives for employees to carpool because of limited public transportation during your shift hours
  • Buying equipment to store bicycles
  • Financially supporting a Transportation Management Association (TMA)

For more information on Oregon's BETC program or to request an application, contact the Oregon Department of Energy at 1-800-221-8035.

Choosing a Transit Pass Program

Pass in hand

TriMet's programs are easy to administer and a great way to encourage your employees to take public transportation. They're also a clear demonstration of your commitment to employee satisfaction and the livability of our region. Here's how they compare.

 

 
Universal
Select
Direct

Who can participate

All eligible employees

Employer's discretion

Employer's discretion

Cost

Based on Employee Commute Options (ECO) survey results

$946 per pass—12 months for the price of 11

Monthly pass price plus $1.50 shipping and handling per order

Renewable every:

Year

Year

Month

Employees carry:

"All zone" sticker on employer's ID badge

"All zone" sticker on employer's ID badge

Paper pass

 
Benefits
Universal
Select
Direct

Employer may subsidize cost for employees

Yes

Yes

Yes

Emergency ride home (for employers that subsidize a minimum of $10 per month)

Yes

Yes

Yes

New-employee kits

Yes

Yes

Yes

Photo ID badges from TriMet

Yes

Yes

No

 
Tax savings
Universal
Select
Direct

Employer tax savings through pretax dollars and BETC credit

Yes

Yes

Yes

Employee tax savings through pretax dollars

Yes

Yes

Yes