Minnesota Solar Tax Credits, Incentives and Rebates (2024) – MarketWatch

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Local Minnesota Solar Incentive Eligible Location Estimated Savings Description Frequency Green Cost Share Minneapolis Between $200–$400 per kilowatt (kW) of installed solar capacity, up to $50,000 This program offers solar funding to nonprofits, solar group purchases, multifamily units and those in the Minneapolis 4d Affordable Housing Incentive program. Energy efficiency projects are also eligible for funds. One-time funding Chaska energy rebates Chaska $250 per kW of installed solar capacity, up to $2,500 The city of Chaska offers residents a rebate for installed solar and other home energy-efficiency upgrades. One-time rebate Minnesota Power SolarSense program Minnesota Power customers 60% of installation costs, up to $5,000 Minnesota Power accepts applications for its solar rebate program between March 1 and March 4 of each year. Applicants are selected randomly to receive this funding. One-time rebate Xcel Energy Solar*Rewards program Xcel Energy customers Residential systems earn $0.02 per kilowatt-hour (kWh) of energy generated. Income-qualified residential systems also earn an upfront incentive of $2 per watt. A performance-based incentive that is available to qualifying solar customers. Applications are accepted on a first-come, first-served basis starting at the beginning of each calendar year. Annual payment for 10 years Dakota Electric Association Solar Installation Rebate Dakota Electric Association customers Up to $4,000 over 10 years A performance-based rebate in the form of a monthly billing credit worth $0.08 per kWh generated by residential solar systems. Monthly credit for up to 10 years Austin Utilities Solar Rebate Austin Utilities customers $500 Austin Utilities customers can claim a rebate when they install an approved solar electric system One-time rebate Rochester Public Utilities (RPU) Conserve & Save® Solar Rebate RPU customers $500 RPU customers are eligible for a rebate on solar installations larger than 2 kW. One-time rebate Owatonna Public Utilities (OPU) Conserve & Save® Solar Rebate OPU customers $500 OPU customers are eligible for a rebate towards eligible solar electric and solar hot water systems. One-time rebate Shakopee Public Utilities (SPU) solar rebate  SPU customers $500 SPU customers are eligible for a rebate when they install a qualifying solar system. One-time rebate

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