Minnesota Solar Panels Rebates

Minnesota offers excellent state energy rebates through seven different utilities.

Minnesota solar panels rebates.

Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. Systems are limited to 40 kw in compliance with minnesota s net metering policy. There may still be other local rebates from your city county or utility. The current incentive is 83 per kilowatt hour kwh and with an average 5 kw system pumping out about 6 200 kwh you can expect around 5 150 back as a rebate.

Solar incentives rebates and tax credits available in minnesota in 2020. Solar power rebates are incentives federal or state governments offer to reduce the cost of going solar. You can get a lump sum payment or your installer will take the amount off the final installed price. All of minnesota can take advantage of the 26 federal tax credit which will allow you to recoup 26 of your equipment and installation costs for an unlimited amount.

Rebates require paperwork to be filed. Brainerd public utilities offers a rebate program for customers that install solar photovoltaic systems. Rebates are 0 50 per watt up to 2 500.