Minnesota Solar Panels Rebates

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 solar panels rebates.

Minnesota power a division of allete inc provides electricity in a 26 000 square mile electric service territory located in northeastern minnesota. 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 provides solar rebates to qualified customers residential and commercial through its solarsense program and began taking applications on jan. The consensus on minnesota solar power rebates and incentives.

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. Minnesota power solarsense solar rebate program increased allocation to 530 000 for 2017 and approved through 2019. Minnesota solar power incentives tax breaks and rebates. Base incentive is 0 94 kwh for 2017 and is first come first served.

Awards are made on a first come first served basis. Minnesota power and otter tail power also offer solar incentives. The program was open to customers of investor owned electric utilities xcel energy minnesota power and otter tail power. Minnesota power offers a rebate for grid connected solar electric pv systems up to 20 kilowatts kw in capacity.

If you have any questions about the solarsense application or interconnection process please contact minnesota power s renewable programs at 218 355 3720. Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. Rebates are worth 0 74 kwh expected production in the system s first year of operation. 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.

Minnesota has lots of sunshine and laws that are favorable for solar power and renewable energy state rebates are available through seven different utilities. 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. When it comes to incentives for solar power minnesota is way ahead of the pack.