In general, the Green Cost Share matching funds are up to $50,000 for solar and energy efficiency projects. Combined with utility rebates and other incentives, this can cover a large portion of the costs for energy upgrades. The new and recently announced “Rebuild Resilient” program adds an additional $1.17 million in energy assistance for small businesses owned by people of color, immigrants and those affected by civil unrest. Applicants can receive up to $50,000 toward installing solar panels or making other energy efficient changes to their storefronts and restaurants, like lighting, insulation, HVAC, and other equipment. Solar incentives are based on the estimated first year’s production.
The first deadline for the 2021 program will be January 1st, with additional deadlines on March 1st, May 3rd, and July 2nd. All deadlines are funding-dependent and open until funding is exhausted. Applications are available on the City’s website.
There is also a group buy category for solar projects on residential properties. Additionally, multi-family properties that participate in the City’s 4D Affordable Housing Incentive Program can receive up to $50,000 per property for energy efficiency upgrades or a solar incentive of $0.35/kWh. The goal of the program is to preserve affordable homes in Minneapolis by helping rental property owners to obtain property tax reductions if they agree to keep 20% or more of their rental units affordable. This first deadline for this program is March 1, 2021.