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 provides solar rebates to qualified customers residential and commercial through its solarsense program and began taking applications on jan. 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. Awards are made on a first come first served basis.

Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. Minnesota power and otter tail power also offer solar incentives. Base incentive is 0 94 kwh for 2017 and is first come first served. Minnesota has lots of sunshine and laws that are favorable for solar power and renewable energy state rebates are available through seven different utilities.

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 offers a rebate for grid connected solar electric pv systems up to 20 kilowatts kw in capacity. Minnesota power a division of allete inc provides electricity in a 26 000 square mile electric service territory located in northeastern minnesota. The program was open to customers of investor owned electric utilities xcel energy minnesota power and otter tail power.

Rebates are worth 0 74 kwh expected production in the system s first year of operation. Otter tail power offers a publicly owned property solar program. When it comes to incentives for solar power minnesota is way ahead of the pack. 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.

Minnesota solar power incentives tax breaks and rebates. Minnesota power solarsense solar rebate program increased allocation to 530 000 for 2017 and approved through 2019. Upfront rebate is based on production estimate including tilt azimuth and shading.