Minnesota Solar Panels Rebates

Awards are made on a first come first served basis.

Minnesota solar panels rebates.

The program was open to customers of investor owned electric utilities xcel energy minnesota power and otter tail power. Residential solar power is a solid investment in the state thanks to the combination of a strong renewable portfolio standard various rebates great tax exemptions and a favorable net metering policy. Minnesota power and otter tail power also offer solar incentives. With some utility backed solar power rebates the 30 federal solar tax credit and the potential for big benefits from using minnesota made equipment minnesota offers a low initial cost leading to a solid overall payback timeframe.

Minnesota power offers a rebate for grid connected solar electric pv systems up to 20 kilowatts kw in capacity. Other solar incentives and tax credits still available the 2017 legislature extended xcel energy s solar rewards program for three years and increased its funding to 15 million in 2018 10 million in 2019 and 2020. Powered by the minnesota renewable development fund this performance based incentive offers solar homeowners in xcel energy s service area a yearly payment based on the energy production of their photovoltaic system. Minnesota power solarsense solar rebate program increased allocation to 530 000 for 2017 and approved through 2019.

Minnesota power provides solar rebates to qualified customers residential and commercial through its solarsense program and began taking applications on jan. Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. You will receive your solarsense rebate check from minnesota power within 3 6 weeks after your meter has been exchanged and the solar system is connected. Also keep in mind that the federal government offers a 30 tax credit for the whole installed cost of your system that s a huge benefit available to you no matter where you live in the us.

The consensus on minnesota solar power rebates and incentives. Rebates are worth 0 74 kwh expected production in the system s first year of operation. Base incentive is 0 94 kwh for 2017 and is first come first served. If you have any questions about the solarsense application or interconnection process please contact minnesota power s renewable programs at 218 355 3720.

Otter tail power offers a publicly owned property solar program. Upfront rebate is based on production estimate including tilt azimuth and shading. Minnesota has lots of sunshine and laws that are favorable for solar power and renewable energy state rebates are available through seven different utilities.