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Xcel Energy - Solar Production Incentive

Eligibility 
Commercial
Industrial
Residential
Savings Category 
Photovoltaics
Program Info
Start Date 

1/1/2014

Expiration Date 

12/31/2018

State 
Minnesota
Program Type 
Performance-Based Incentive
Rebate Amount 

To be determined

Provider 
Xcel Energy

Beginning in 2014, Xcel must offer a solar production incentive for systems 20 kW-DC or less. The customer's system capacity may not be more than 120% of the customer's on-site annual energy consumption. The incentive rate has not yet been determined; the Public Utilities Commission must approve the incentive rate. The incentive will be based on the system's production and will be paid to the customer for 10 years. Each year for the 5 years of the program (2014 through 2018), $5 million will be allocated from the Renewable Development Fund for the production incentive.