Xcel Energy - Solar Production Incentive (Minnesota)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Minnesota

Name Xcel Energy - Solar Production Incentive
Incentive Type Performance-Based Incentive
Applicable Sector Commercial, Industrial, Residential
Eligible Technologies Photovoltaics
Active Incentive Yes

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount To be determined




Eligible System Size Systems 20 kW-DC or less, not to exceed 120% of the customer's on-site annual energy consumption


Start Date 2014-01-01
Expiration Date 2018-12-31








Ownership of Renewable Energy Credits Not Addressed


Program Budget $5 million annually




Terms Production incentive will be paid to the customer for 10 years
Program Administrator Xcel Energy

Date added to DSIRE 2013-06-13
Last DSIRE Review 2013-06-13



References DSIRE[1]


Summary

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.


Incentive Contact

Contact Name Customer Service
Department Xcel Energy








Email CustomerService@xcelenergy.com
Website http://www.xcelenergy.com/About_Us/Contact_Us/General_Contacts/Contact_Us
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: H.F. 729
Date Effective 2014-01-01
Date Enacted 2013-05-23



















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"