Xcel Energy Solar Rebate Minnesota

Solar rewards you can go green with a bonus.

Xcel energy solar rebate minnesota.

The solar rewards incentive with xcel energy is paid annually at 7 cents per kwh produced in your solar photovoltaic system over 10 years. If you produce more than you consume in any given month excess kilo watt hours will show up as a credit on your bill. 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. This program offers incentives to customers for installing of pv panels and inverters listed on the california energy commissions cec list.

Solar rewards is your opportunity to have solar for your home or business. 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. In addition to the annual incentive payments you will be lowering your electricity bill as your array produces power. Programs rebates xcel energy.

Available for customers of xcel energy. Solar rewards is available to xcel customers on a first come first served basis. 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. We offer a number of program and rebate options to our residential and business customers and even offer a rebate finder tool.

Mn solar producers in xcel energy territory receive an annual rebate for solar production for the 10 years in addition to net metering.