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Minnesota Solar Energy Incentives

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Minnesota boasts one of the countries strongest Renewable Portfolio Standards (RPS), with an impressive 25% requirement for utilities to source their power from a renewable energy source by the year 2025. In addition, to assist in job creation, the state passed the Solar Energy Jobs Act which mandates that solar provide 1.5% of energy sales by 2020, and encourages 10% by 2030. The largest utility, Xcel Energy, expects to not only reach but exceed those goals. This means that there is plenty of growth in the solar sector, with high demand for installers, engineers, and electricians with a background and knowledge on solar energy.

Xcel Energy also offers the unique Solar Rewards Program for photovoltaics which offers $0.01-$0.05 per kilowatt hour credit that can either be rolled over and held in a solar bank or, homeowners can choose to have the saves paid out to them on a yearly basis. The program also offers a rebate for Photovolatics up to $90,000, which is paid at $2.25 per install watts of DC Solar power; this power cannot exceed 40kw. Homeowners must enter into a 20-year contract with Xcel for all REC’s generated by the system during the contracts life. In addition, Xcel offers the Minnesota Made program, in which Xcel offers an additional $2.75 per watt DC offering a total of $5.00 per watt DC payout every five years. The company will also purchase any excess generation of the system through its net metering program. In order to qualify, applicants must be an Xcel customer, live in Minnesota and have an Xcel meter. Existing structures also can apply for these programs as long as they have had an energy audit within the last three years.

In addition, all Minnesota utilities must offer a solar production incentive for systems of 20kw DC power or less. With the average size of home systems being between 5 to 15kw, most residential applications will be eligible for incentives regardless of their utility provider. Another impressive program for Minnesota residents is the Value of Solar Tariff, which is available for solar and other renewable applications. This tariff credits at a retail rate toward future months and is an alternative to net metering for utility companies that have not yet been established. To find out what solar incentives are offered, Minnesota residents are encouraged to go to their utility provides websites to find out further details and regulations.


Financial Incentives


Property Tax Incentive:
  • Wind and Solar-Electric (PV) Systems Exemption
Loan Program:
  • Agricultural Improvement Loan Program
  • Value-Added Stock Loan Participation Program
  • Home Energy Loan Program
  • Otter Tail Power Company - DollarSmart Energy Efficiency Loan Program
  • Minnesota Valley Electric Cooperative-Residential Energy Resource Conservation Loan Program
  • Dakota Electric Association - Commercial and Industrial Energy Conservation Loan Program
  • Methane Digester Loan Program
  • Sustainable Agriculture Loan Program
  • Stearns Electric Association - Energy Efficiency Loan Program
  • Fix-Up Loan
  • Duluth Comfort Systems - Residential Energy Efficiency Loan Program
  • Alliant Energy Interstate Power and Light (Gas and Electric - Low Interest Energy Efficiency Loan Program
  • Energy-Efficient Mortgages
  • Clean Renewable Energy Bonds (CREBs)
  • USDA - Rural Energy for America Program (REAP) Loan Guarantees
  • U.S. Department of Energy - Loan Guarantee Program
  • Qualified Energy Conservation Bonds (QECBs)
  • USDA - Biorefinery Assistance Program
  • FHA PowerSaver Loan Program
  • Fannie Mae Green Initiative - Loan Program
Performance-Based Incentive:
  • Renewable Energy Production Incentive
  • Xcel Energy - Solar Rewards Program
  • Renewable Energy Production Incentive
Sales Tax Incentive:
  • Wind Energy Sales Tax Exemption
  • Solar Energy Sales Tax Emption
Grant Program:
  • Xcel Energy - Renewable Development Fund Grants
  • Minnesota Power - Power Grant Program
  • Otter Tail Power Company - Commercial & Industrial Energy Efficiency Grant Program
  • Dakota Electric Association - Commercial and Industrial Custom Energy Grant Program
  • Lake Region Electric Cooperative - Agriculture and Commercial Energy Efficiency Grant Program
  • Steele-Waseca Cooperative Electric - The Sunna Project
  • USDA - Rural Energy for America Program (REAP) Grants
  • Tribal Energy Program Grant
  • USDA - High Energy Cost Grant Program
  • USDA - Repowering Assistance Biorefinery Program
  • USDA - Rural Energy for America Program (REAP) Energy Audit and Renewable Energy Development Assistance (EA/REDA) Program
  • Low Income Home Energy Assistance Program (LIHEAP)
  • Weatherization Assistance Program (WAP)
Rebate Program:
  • Minnesota Power - Solar Electric (PV) Rebate Program
  • Minnesota Power - Residential Energy Efficiency Rebate Program
  • Otter Tail Power Company - Commercial & Industrial Energy Efficiency Rebate Program
  • Alliant Energy Interstate Power and Light (Electric) - Residential Energy Efficiency Rebate Program
  • Alliant Energy Interstate Power and Light (Electric) - Business Energy Efficiency Rebate Programs
  • Alliant Energy Interstate Power and Light - Farm Equipment Energy Efficiency Incentives
  • Xcel Energy (Electric) Business Energy Efficiency Rebate Programs
  • Xcel Energy (Electric) - Residential Energy Efficiency Rebate Programs
  • Alexandria Light and Power - Residential Energy Efficiency Rebate Program
  • Alexandria Light and Power - Commercial Energy Efficiency Rebate Program
  • Anoka Municipal Utility - Residential Energy Efficiency Rebate Program
  • Austin Utilities (Gas and Electric) - Commercial and Industrial Energy Efficiency Rebate Program
  • Austin Utilities (Gas and Electric) - Residential Conserve and Save Rebate Program
  • Elk River Municipal Utilities - Residential Energy Efficiency Rebate Program
  • Marshall Municipal Utilities - Residential Energy Efficiency Rebate Program
  • Marshall Municipal Utilities - Commercial Energy Efficiency Rebate Program
  • Moorhead Public Service Utility - Commercial and Industrial Energy Efficiency Rebate Program
  • New Ulm Public Utilities - Energy Efficiency Rebate Program
  • Owatonna Public Utilities - Residential Conserve and Save Rebate Program
  • Rochester Public Utilities - Commercial and Industrial Energy Efficiency Rebate Program
  • Shakopee Public Utilities - Residential Energy Efficiency Rebate Program
  • Shakopee Public Utilties - Commercial and Industrial Energy Efficiency Rebate Program
  • Willmar Municipal Utilities - Residential Energy Efficiency Rebate Program
  • Wright-Hennepin Cooperative Electric Association - Residential Energy Efficiency Rebate Program
  • Wright-Hennepin Cooperative Electric Association - Non-Residential Energy Efficient Rebate Program
  • Minnesota Valley Electric Cooperative - Residential Energy Efficiency Rebate Program
  • Minnesota Valley Electric Cooperative - Commercial and Industrial Energy Efficiency Rebate Program
  • Lake County Power - Residential Energy Efficiency Rebate Program
  • East Central Energy - Residential Energy Efficiency Rebate Program
  • Dakota Electric Association - Residential Energy Efficiency Rebate Program
  • Dakota Electric Association - Commercial and Industrial Energy Efficiency Rebate Program
  • Crow Wing Power - Residential Energy Efficiency Rebate Program
  • Connexus Energy - Commercial Energy Efficiency Rebate Programs
  • Stearns Electric Association - Commercial Energy Efficiency Rebate Program
  • Blooming Prairie Public Utilities - Residential Energy Efficiency Rebate Program
  • Blooming Prairie Public Utilities - Commercial and Industrial Energy Efficiency Rebate Program
  • Fairmount Public Utilities - Residential Energy Efficiency Rebate Program
  • Fairmount Public Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Grand Marals PUC - Residential Energy Efficiency Rebate Program
  • Grand Marals PUC - Commercial & Industrial Energy Efficiency Rebate Program
  • Lake City Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Lake City Utilities - Residential Energy Efficiency Rebate Program
  • Litchfield Public Utilities - Residential Energy Efficiency Rebate Program
  • Litchfield Public Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Mora Municipal Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Mora Municipal Utilities - Residential Energy Efficiency Rebate Program
  • New Prague Utilities Commission - Residential Energy Efficiency Rebate Program
  • New Prague Utilities Commission - Commercial & Industrial Energy Efficiency Rebate Program
  • North Branch Municipal Water & Light - Commercial & Industrial Energy Efficiency Rebate Program
  • North Branch Municipal Water & Light - Residential Energy Efficiency Rebate Program
  • Preston Public Utilities - Residential Energy Efficiency Rebate Program
  • Preston Public Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Princeton PUC - Commercial & Industrial Energy Efficiency Rebate Program
  • Princeton PUC - Residential Energy Efficiency Rebate Program
  • Redwood Falls Public Utilities - Resdiential Energy Efficiency Rebate Program
  • Redwood Falls Public Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Saint Peter Municipal Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Saint Peter Municipal Utilities - Residential Energy Efficiency Rebate Program
  • Spring Valley Public Utilities - Residential Energy Efficiency Rebate Program
  • Spring Valley Public Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Waseca Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Waseca Utilities - Residential Energy Efficiency Rebate Program
  • Wells Public Utilities - Commercial & Industrial Energy Efficiency Rebate Program
  • Wells Public Utilities - Residential Energy Efficiency Rebate Program
  • Rochester Public Utilities - Residential Conserve and Save Rebate
  • Minnesota Power - Residential New Construction Rebate Program
  • Minnesota Energy Resources (Gas) - Residential Energy Efficiency Rebate Program
  • Minnesota Energy Resources (Gas) - Home Energy Excellence Program for Builders
  • Great River Energy (28 Member Cooperatives) - Commercial and Industrial Efficiency Rebates
  • Hutchinson Utilities Commission - Commercial Energy Efficiency Program
  • Hutchinson Utilities Commission - Residential Energy Efficiency Program
  • CenterPoint Energy (Gas) - Residential Energy Efficiency Rebate Program
  • Connexus Energy - Residential Efficient HVAC Rebate Program
  • Anoka Municipal Utility - Commercial Energy Efficiency Rebate Program
  • East Central Energy - Commercial Energy Efficiency Rebate Program
  • Elk River Municipal Utilities - Commercial Energy Efficiency Rebate Program
  • Stearns Electric Association - Residential Energy Efficiency Rebate Program
  • Lake Region Electric Cooperative - Residential Energy Efficiency Rebate Program
  • CenterPoint Energy (Gas) - Commercial Energy Efficiency Rebate Program
  • Rochester Public Utilities - Solar Rebate Program
  • Austin Utilities - Solar Rebate Program
  • Owatanna Public Utilities - Solar Rebate Program
  • Minnesota Power - Solar-Thermal Water Heating Rebate Program
  • Otter Tail Power Company - Residential Energy Efficiency Rebate Program
  • MMPA - Commercial and Industrial Efficiency Program
  • MMPA - Residential Energy Efficiency Program
  • Minnesota Energy Resources (Gas) - Low-Income New Construction Rebates
  • Xcel Energy (Gas) - Business Energy Efficiency Rebate Programs
  • Xcel Energy (Electric and Gas) - High Performance with Energy Star Rebates
  • Xcel Energy (Gas) - Residential Energy Efficiency Rebate Programs
  • Alliant Energy Interstate Power and Light (Gas) - Residential Energy Efficiency Program
  • Northern Municipal Power Agency - Commercial Energy Efficiency Rebate Program
  • Northern Municipal Power Agency - Residential Energy Efficiency Rebate Program
  • Marshall Municipal Utilities - Solar Thermal Water Heater Rebate Program
  • Alliant Energy Interstate Power and Light (Gas) - Business Energy Efficiency Rebate Programs
  • Brainerd Public Utilities - Renewable Incentives Program
  • Moorhead Public Service Utility - Renewable Energy Incentive
  • Missouri River Energy Services (23 Member Cooperatives) - Business Energy Efficiency Rebate
  • Missouri River Energy Services (23 Member Cooperatives) - Residential Energy Efficiency Rebate
  • Minnesota Energy Resources (Gas) - Commercial and Industrial Energy Efficiency Rebate Program
  • New Ulm Public Utilities - Solar Electric Rebate Program
  • Made in Minnesota Solar Thermal Rebate
  • Minnkota Power Cooperative (17 Utilities) - PowerSavers Residential Energy Efficiency Rebate Program
  • Minnkota Power Cooperative (17 Utilities) - PowerSavers Commercial Energy Efficiency Rebate Program
Loan Program:
  • Agricultural Improvement Loan Program
  • Value-Added Stock Loan Participation Program
  • Home Energy Loan Program
  • Otter Tail Power Company - DollarSmart Energy Efficiency Loan Program
  • Minnesota Valley Electric Cooperative - Residential Energy Resource Conservation Loan Program
  • Dakota Electric Association - Commercial and Industrial Energy Conservation Loan Program
  • Methane Digester Loan Program
  • Sustainable Agriculture Loan Program
  • Stearns Electric Association - Energy Efficiency Loan Program
  • Fix-Up Loan
  • Duluth Comfort Systems - Residential Energy Efficiency Loan Program
  • Alliant Energy Interstate Power and Light (Gas and Electric) - Low Interest Energy Efficiency Loan Program
  • Energy-Efficient Mortgages
  • Clean Renewable Energy Bonds (CREBs)
  • USDA - Rural Energy for America Program (REAP) Loan Guarantees
  • U.S. Department of Energy - Loan Guarantee Program
  • Qualified Energy Conservation Bonds (QECBs)
  • USDA - Biorefinery Assistance Program
  • FHA PowerSaver Loan Program
  • Fannie Mae Green Initiative - Loan Program
Performance-Based Incentive:
  • Renewable Energy Production Incentive
  • Made in Minnesota Solar Energy Production Incentive
  • Renewable Energy Production Incentive
PACE Financing:
  • Rural Minnesota Energy Board PACE Program
  • Saint Paul Port Authority PACE Program
Corporate Tax Credit:
  • Business Energy Investment Tax Credit (ITC)
  • Renewable Electricity Production Tax Credit (PTC)
  • Energy-Efficient New Homes Tax Credit for Home Builders
Personal Tax Exemption:
  • Residential Energy Conservation Subsidy Exclusion (Personal)
Corporate Depreciation:
  • Modified Accelerated Cost-Recovery System (MACRS)
Corporate Tax Exemption:
  • Residential Energy Conservation Subsidy Exclusion (Corporate)
Personal Tax Credit:
  • Residential Renewable Energy Tax Credit
  • Residential Energy Efficiency Tax Credit
Corporate Tax Deduction:
  • Energy-Efficient Commercial Buildings Tax Deduction


Regulatory Policies


Net Metering:
  • Net Metering
Solar / Wind Access Policy:
  • Solar and Wind Easements & Local Option Rights Laws
Energy Standards for Public Buildings:
  • Comprehensive Energy Savings Plan for State Facilities
  • Comprehensive Energy Savings Plan for Federal Government
Renewables Portfolio Standard:
  • Xcel Energy Wind and Biomass Generation Mandate
  • Renewable Portfolio Standard
Equipment Certification:
  • Equipment Certification
Generation Disclosure:
  • Fuel Mix and Emissions Disclosure
Public Benefits Fund:
  • Renewable Development Fund (RDF)
Interconnection:
  • Interconnection Standards
  • Interconnection Standards for Small Generators
Building Energy Code:
  • Building Energy Code
Other Policy:
  • Community-Based Energy Development (C-BED) Tariff
Energy Efficiency Resource Standard:
  • Energy Efficiency Resource Standard
Value of Solar Tariff:
  • Value of Solar Tariff
Green Power Purchasing:
  • Green Power Purchasing Goal for Federal Government
Appliance / Equipment Efficiency Standards:
  • Federal Appliance Standards


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