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MN Solar Incentive opens 1/1/17

Bonfe Auto of St. Paul benefitted from Solar Lottery last year. You can be like Bonfe in 2017!

ST. PAUL, Minn. - Dec. 31, 2016 - Rezul -- Minnesota Commerce Department has announced applications for the fourth year of the Made in Minnesota Solar Incentive Program will be accepted beginning on Jan. 1, 2017, and ending on Feb. 28, 2017.

Administered by the department, the program helps fund new solar PV and solar thermal systems for Minnesota residents, businesses and communities. In the program's first three years, it has supported nearly 1,100 solar projects statewide.

In 2016, Bonfe Auto in St. Paul benefitted from the Made in Minnesota solar lottery with a 20kW solar array that was installed in May of 2016. Working with MN Solar developer Mike Woodley, Bonfe now has solar power lowering his energy bill and a payback for his project in just over 3 years. The system is on pace to produce the estimated 25,000kWH per year. Bonfe also benefitted from the 30% Federal Tax credit and is depreciating his solar array as operating equipment. There is little or no maintenance, the panels were manufactured in MN and have 25-year production warranties. Bonfe has live data monitoring of his solar array which displays on his computer and cell phone. "It was a no brainer," said Tony Bonfe of his solar array on his auto repair shop in St. Paul.
"The Made in Minnesota program is helping drive growth in the state's rooftop solar market," says Commerce Commissioner Mike Rothman in a press release. "The program is boosting Minnesota's clean energy economy by making solar more affordable, creating more clean energy jobs and diversifying the state's energy resources."

The state legislature established the 10-year Made in Minnesota Solar Incentive Program in 2013 to expand the state's solar industry. In the same year, it set a Solar Electricity Standard that requires investor-owned electric utilities to obtain 1.5% of their power from solar by 2020, with a goal of 10% by 2030.

The solar incentive program is available to Minnesotans who install solar PV or solar thermal systems using solar modules or collectors certified as manufactured in Minnesota. Applications for the program are accepted from Jan. 1 to Feb. 28 each year, and the incentives are awarded through a random selection process.

Applicants for Made in Minnesota solar PV systems who are randomly selected for the program receive an annual incentive payment for 10 years based on the system's electricity production. For owners of solar thermal systems, the program offers a one-time rebate up to 25% of the installed cost.
The department says that the program has boosted the state's solar industry: During the program's first three years, funding was awarded in support of 1,048 solar PV projects and 36 solar thermal installations.

The PV projects equal about 15 MW of electric capacity. When all installations are completed and generating power, they will generate enough electricity to power 1,856 average Minnesota homes.

Over 10 years, the Made in Minnesota program is expected to help fund as many as 4,000 solar installations and increase the state's solar electric capacity by about 65 MW, or more than four times the total capacity when the program began.

The solar PV incentive program is open only to customers of investor-owned utilities (Xcel Energy, Minnesota Power and Otter Tail Power). It is also available to developers of community solar gardens (less than 40 kW). Solar thermal rebate applications are open to utility customers throughout the state, with priority given to customers of investor-owned utilities.

For more information about the program, contact Mike Woodley at 612-386-0082 or Mike@SundanceEnergySolutions.com. Find out more at www.SundanceEnergySolutions.com.

Contact
Mike Woodley
612-386-0082
***@sundanceenergysolutions.com


Source: Sundance Energy Solutions
Tags: Energy

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