Here at iDEAL ENERGIES, we engineer and build on-site solar arrays for our customers that provide energy directly to your building when you need it the most. Whether roof or ground mounted, your solar array can be used to offset 120% of your annual consumption. With every installation, a bi-directional meter is installed that allows you to send any unused energy back to the grid in exchange for a bill credit.
iDEAL ENERGIES helps our customers navigate all utility incentives, rebates, cash grants, and tax incentives available for on-site solar energy production. We tailor turnkey solutions that maximize the return on your solar investment.
We analyze your site’s suitability for solar, determine your true energy costs, and gauge your solar energy savings potential. This involves an audit of energy bills and a brief site assessment. We then analyze this information, navigate all available incentives, and design a customized solar solution to maximize return on investment.
By leveraging utility rebates, tax credits, utility expense savings, and in-house financing, we create one seamless package. We offer the most competitive financing options available in the market that match up sources and uses, so that we deliver net cash positive investments, every year during payback
Our in-house engineers partner with top Minneapolis engineering firms to analyze each proposed solar location, and design solar arrays that conform to electrical, building and other code requirements. This assures the system is designed correctly and will be structurally and electrically sound throughout its operating life.
Our iDEAL construction team efficiently installs and commissions your system, and connects your system to the electrical grid. We are committed to making sure your solar array produces its full potential energy output to maximize your return on investment.
Our iDEAL team uses the latest monitoring technology to oversee your system’s performance and make sure your system is performing optimally.
Whatever your appetite for solar is, iDEAL ENERGIES has a solution. We work closely with our customers to determine which program best fits their needs.
This is an incentivized program offered on a first come, first serve basis from Xcel Energy. Monthly payments are made to the owner of the solar system in exchange for RECs for the energy produced by the solar system. If you produce more than you need, the extra energy is added to the grid and any excess energy is credited to your bill. This is called “net metering”.
- Up to 40kW AC
- Size limited to 120% of on-site annual energy consumption
- Net metered monthly
- Xcel pays $0.06/kWh annually for solar array production for a 10-year period
- RECs belong to Xcel for 10 years, then transfer to customer
- ~ 5 year ROI
PV Demand Credit:
This is an option for any demand metered customer with solar generation greater than 40 kWAC with a single production meter. On top of reducing the amount of energy purchased from the utility, customers that can accommodate larger systems will receive compensation from Xcel for helping them reduce their peak demand.
- Greater than 40kW AC – 10 MW
- Projects are net metered up to 1 MW
- Xcel provides bill credit of $0.06965 per kWh of energy generated from solar array from the hours of 1:00 to 7:00 PM
- Updated during each rate case by PUC based upon predetermined & Xcel unit cost
- Renewable Energy Credits (REC’s) belong to customer
- ~ 4 year ROI
For both incentive programs, the Xcel Energy interconnection approval queue is first-in-time based on application submission date and can take up to 6 months. Throughout the process, you can rest assured that iDEAL ENERGIES works hand in hand with the utility so you don’t have to.
Timing is Important!! The 26% Federal Tax Credit disappears after 2020, so there is no better time to go solar than now.
Maybe you’re planning a roof replacement or business acquisition and you’d like to do the project in 2021. Whatever is getting in the way of the timing this year that won’t be in the way next year, we have a solution. With the IRS Safe harbor, you can preserve the economics of 2020, and have 4 years to continuously work towards constructing your array. Lock in the current 26% tax credit in 2020 with a 5% downpayment.
Contact iDEAL ENERGIES today to get started on your next solar project.