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Our products and services differ based on state. Please select your state (or the state you're interested in) from the list to the left.
Why do our products and services differ based on state? Because our business is regulated by state. We have regulated operations in eight Western and Midwestern states. The different regulatory body for each state we serve determines what products and services we deliver in that state.
Minnesota customers, are you considering a solar power system to produce renewable energy for your home or business? We can help. Solar*Rewards® offers incentives and rebates for installation of photovoltaic (PV) solar panels.
Reduce your energy bill by producing your own renewable energy. In addition, if you do not consume all of your PV production, the excess generation will be credited on your bill.
Currently, the state of Minnesota also offers an additional rebate if you buy solar panels involving Minnesota manufacturers. See Minnesota Bonus Rebate Program for more information. Other rebates, grants or tax credits may be available.
We must have done our Home Energy Audit or Turn Key Energy Assessment in the last three years on the property where you plan to install the system. Assessments and audits by other organizations do not qualify.
Solar*Rewards Program Status
Xcel Energy is no longer accepting new application submittals for the Solar*Rewards and Minnesota Bonus programs as there is an ample supply of reviewed projects to fully allocate the current budgets.
A new solar bill passed during the 2013 Minnesota legislative session. We will be working with the Minnesota Department of Commerce to interpret the legislation and outline next steps. We will provide additional details on this website once additional information is available.
The following table indicates actual Solar*Rewards program performance as of date indicated. This table will be updated monthly.
|2013 Solar*Rewards (as of 6/14/2013)||2013 Incentives Budgeted||2013 Incentives Allocated|
|Solar*Rewards Incentive Payments||$4,600,000||$2,639,299|
|2013 Minnesota Bonus (as of 6/14/2013||2013 Incentives Budgeted||2013 Incentives Allocated|
|MN Bonus Incentive Payments||$5,000,000||$3,341,292|
|2010||2011||2012 (as of 12/31)|
|Solar*Rewards Incentive Payments||$2,378,272||$3,366,000||$8,383,797|
|Total Program Spend||$2,618,197||$3,653,351||$8,692,756|
1 MN Bonus payments represent 20 percent of the total listed. Total payment is made over five years.
When you install solar panels through our Solar*Rewards program, you can:
When we buy your excess energy, it’s added to the grid which reduces emissions. According to the U.S. Environmental Protection Agency (EPA), a 3.5 kilowatt (kW) solar photovoltaic (PV) system produces enough clean energy reducing the usage of fossil fuels and preventing emissions equal to a car driving an average of 6,208 miles.
When you qualify and install a solar PV system through our Minnesota Solar*Rewards program, you’ll receive our one-time incentive payment of $1.50 per installed watt (W) for your system.
1 Funds committed have been paid out to customers, funds reserved have been guaranteed to customers through a Solar*Rewards Acknowledgement Letter.
2 Additional budget dollars represent 2011 projects and rebates that are being process in 2012.
Other rebates and benefit programs may also be available to you:
When your system produces excess energy, you’ll earn credit on your bill. When your total bill credit amount reaches more than $25, we’ll automatically send you a check for that amount. A credit of less than $25 will be rolled over to your next monthly bill.
As a part of the Solar*Rewards contract, the customer agrees to convey all of the Renewable Energy Credits (RECs) or similar green attributes produced by the system to Xcel Energy for the 20-year term of the contract.
A Renewable Energy Credit (REC), also known as renewable energy certificate or "greentag", is an environmental commodity that represents the added value, environmental benefits and cost of renewable energy above conventional methods of producing electricity. Xcel Energy will record the RECs produced by your system using a PV production meter.
To qualify, you must:
Send all application materials to:
Your solar panel system must:
See the Who qualifies section above for additional requirements.
You can use the installer of your choice or install the system yourself. Confirm that your installer understands our installation requirements and agrees to our guidelines. Some resources to find installers include:
For questions on the Solar*Rewards program, email SolarProgramMN@xcelenergy.com.
For questions about solar energy systems, options and installations, please contact your contractor.
For additional information about solar energy systems and our program, see our FAQs
If you are an installation contractor and would like an installer account, please complete our online application at xcelenergysolarrewards.com. You will then be able to complete an application for your customer.
Additional rebates, grants and tax credits for solar energy systems: