Minnesota Made Solar Panels

The consensus on minnesota solar power rebates and incentives.

Minnesota made solar panels.

In minnesota the average solar payback period is 9 55 years. With some utility backed solar power rebates the 30 federal solar tax credit and the potential for big benefits from using minnesota made equipment minnesota offers a low initial cost leading to a solid overall payback timeframe. Powered by the minnesota renewable development fund this performance based incentive offers solar homeowners in xcel energy s service area a yearly payment based on the energy production of their photovoltaic system. Slayton solar project was completed in 2013 by developer ecos energy.

Xcel pays homeowners 0 08 per kilowatt hour kwh of solar power production annually for up to 10 years. Several large retailers in minnesota have gone solar including ikea target and mortenson construction. Notable solar installations in minnesota. This photovoltaic project is among the largest in minnesota and has the capacity to generate 2 mw of electricity enough to power over 263 homes.

Compare the best solar energy companies in minnesota in 2020 updated. Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. Silicon energy s solar panels can be used as an awning as displayed at this year s minnesota state fair. Click here for more solar data.

The made in minnesota program was established by solar energy legislation passed in 2013 to stimulate the solar industry. There are currently 61 solar energy companies operating in minnesota. From 2014 2017 it has approved support for nearly 1 400 projects in more than 50 counties across minnesota accounting for more than 20 megawatts of new capacity after all projects are installed.