Minnesota Solar Panels Rebates

Otter tail power offers a publicly owned property solar program.

Minnesota solar panels rebates.

Minnesota solar power incentives tax breaks and rebates. Awards are made on a first come first served basis. The consensus on minnesota solar power rebates and incentives. 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.

Rebates are worth 0 74 kwh expected production in the system s first year of operation. 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 has lots of sunshine and laws that are favorable for solar power and renewable energy state rebates are available through seven different utilities. Base incentive is 0 94 kwh for 2017 and is first come first served.

The program was open to customers of investor owned electric utilities xcel energy minnesota power and otter tail power. 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. Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. Upfront rebate is based on production estimate including tilt azimuth and shading.

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. 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 provides solar rebates to qualified customers residential and commercial through its solarsense program and began taking applications on jan. When it comes to incentives for solar power minnesota is way ahead of the pack.

Minnesota power and otter tail power also offer solar incentives. If you have any questions about the solarsense application or interconnection process please contact minnesota power s renewable programs at 218 355 3720. Minnesota power a division of allete inc provides electricity in a 26 000 square mile electric service territory located in northeastern minnesota.