Xcel Energy’s Solar*Rewards program opened to new applications on August 4. The five-year, $5-million-a-year program will provide Xcel customers who install solar photovoltaic systems up to 20 kW with performance-based incentives paid annually for 10 years, with the incentive for 2014 set at 8 cents per kWh. The PV system must produce less than 120 percent of the customer’s annual energy use, based on the past 12 months of energy use. The performance-based incentive replaces the up-front rebate provided by the old Solar*Rewards program.
Installers or customers must submit new Solar*Rewards applications through Xcel’s online application system. The application system is the same one that’s used for the Made in Minnesota Solar Incentive Program. More details on the Solar*Rewards program can be found on Xcel Energy’s Solar*Rewards website.*Rewards_-_MN
Thinking about heating with solar? There are also rebates for systems made in Minnesota in Xcel Energy territory!
Applications for the Made in Minnesota Solar Thermal Rebate Program reopened in March the Minnesota Department of Commerce announced. Applications for the Made in Minnesota Solar Thermal Rebate Program reopened in March the Minnesota Department of Commerce announced. The solar thermal program accepted applications this year from January 1-February 28, but the program was not fully subscribed. Applications will be accepted on a first-come, first-served basis until 2014 funds are fully reserved.
The rebate program, which is part of the 10-year, $150 million Made in Minnesota Solar Incentive Program that began this year, is for customers of electric investor-owned utilities (Xcel Energy, Alliant Energy, Minnesota Power, and Otter Tail Power). Rebates are available to commercial and residential property owners who install solar thermal systems using collectors certified as Made in Minnesota. The rebate is equal to 25 percent of the system installed cost up to a maximum of $2,500 for residential, $5,000 for multifamily, and $25,000 for commercial systems. More information on the Made in Minnesota Solar Incentive Program is available online.
To view Xcel Energy’s Solar*Rewards rebate for solar energy in Minnesota page >>*Rewards_-_MN
