Xcel Energy Solar Rebate Minnesota

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

Xcel energy solar rebate minnesota.

Solar rewards is available to xcel customers on a first come first served basis. Solar rewards is your opportunity to have solar for your home or business. 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. Available for customers of xcel energy.

Programs rebates xcel energy. We offer a number of program and rebate options to our residential and business customers and even offer a rebate finder tool. This program offers incentives to customers for installing of pv panels and inverters listed on the california energy commissions cec list. In addition to the annual incentive payments you will be lowering your electricity bill as your array produces power.

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. Minnesota power offers solar incentives to qualified customers through its solarsense program. Mn solar producers in xcel energy territory receive an annual rebate for solar production for the 10 years in addition to net metering. 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.

The solar rewards incentive with xcel energy is paid annually at 7 cents per kwh produced in your solar photovoltaic system over 10 years.