(1) An investor-owned utility may offer cash payments to assist the utility’s commercial and industrial customers in purchasing a facility as defined in ORS § 469B.130, including but not limited to an alternative fuel vehicle refueling station. The utility may pay the customer the present value to the utility of the tax credit to which the customer would be entitled under ORS § 469B.130 to 469B.169.

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(2) As used in this section, ‘cash payment’ and ‘investor-owned utility’ have the meanings given those terms in ORS § 469.631. [Formerly 469.878]

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