Solar Incentives
We help our customers navigate all incentive programs to
minimize their out of pocket expense and maximize their solar production.
PV Demand Credit
A bill credit from the Utility for helping them reduce demand on the grid during peak hours.
Solar*Rewards
A legislatively funded solar incentive program for small commercial
on-site solar arrays.
PV Demand Credit
This is an option for any demand metered Xcel Energy 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.
Maximize Your Solar Potential
Sizes are limited to 120% of annual energy use or a system size of 1 MWAC or less.
Renewable Energy Credits
RECs (the right to claim the renewable energy generated as your own) are assigned to the Customer Day One.
Construct in One Year
The interconnection application process includes more detailed engineering studies in house and with the Utility that can elongate the process.
Billed Demand Credit
A utility bill credit of $0.07906 per kWh for energy generated by the solar array from 1-7 pm.
Xcel Solar for Schools
New state funding puts solar on the curriculum for Minnesota schools. The omnibus commerce and energy policy and finance bill includes $16 million for solar projects on K-12 schools and nearly $5 million for community colleges. ... That leaves hundreds of rooftops with the potential to host money-saving solar projects.
The program for schools in Xcel Energy Territory will be administered by Xcel Energy and will come in the form of grants for projects with limitations per District.
Maximize Your Solar Potential
Sizes are limited to 120% of annual energy use or a system size of 1 MWAC or less.
Arrays need to be located on or adjacent to school buildings.
Renewable Energy Credits
RECs (the right to claim the renewable energy generated as your own) are owned by the Customer for the life of the array (~40 years).
Construct within a Year
Program rules state that the array must be constructed within twelve months of application approval and awarding of grant.
Annual Rebate
$0.04/kWH generated by the solar array for a 10-year period plus a minimum $0.10/Watt upfront payment.
Additional upfront payments are available for low-income schools based on system size.
Solar*Rewards
This is an incentivized program offered on a first come, first serve basis from Xcel Energy. Annual payments are made to the owner of the solar system in exchange for Renewable Energy Credits (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”.
Determining Your Solar Potential
Sizes are limited to 120% of annual energy use or a system size of 40kWAC or less. These systems typically have a footprint of ~ 4000 s.f.
Renewable Energy Credits
RECs (the right to claim the renewable energy generated as your own) are assigned to Xcel Energy for the first ten years of the system life.
Construct in 6-9 Months
The interconnection application includes a fast track option that can get you energized with solar within 6-9 months from application.
Annual Rebate
$0.03/kWH generated by the solar array for a 10-year period.
Low-income qualified customers receive an additional $0.50/watt upfront incentive.
