Xcel Energy Solar Rebate Minnesota

Programs rebates xcel energy.

Xcel energy solar rebate 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. Like made in minnesota the solar rewards program provides recipients with 10 years of annual incentive payments based on the solar energy system s annual production. Solar rewards you can go green with a bonus. Mn solar producers in xcel energy territory receive an annual rebate for solar production for the 10 years in addition to net metering.

We offer a number of program and rebate options to our residential and business customers and even offer a rebate finder tool. Minnesota power offers solar incentives to qualified customers through its solarsense program. In addition to the annual incentive payments you will be lowering your electricity bill as your array produces power. First come first served.

Available for customers of xcel energy. The solar rewards incentive with xcel energy is paid annually at 7 cents per kwh produced in your solar photovoltaic system over 10 years. Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. It s an incentivized program so monthly payments are made to the owner of the solar system in exchange for renewable energy credits recs for the energy produced by the solar system.

If you produce more than you consume in any given month excess kilo watt hours will show up as a credit on your bill.