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02-22-2016 Additions
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Nov. 6, 2015 <br />Commerce announces 2026 Made in Minnesota incentive <br />amounts <br />The Minnesota Department of Commerce today announced incentive amounts for Made in Minnesota solar <br />panels for the third year (2016) of the 10 -year, $15 -million -a -year Made in Minnesota Solar Incentive Program. <br />The solar incentive program is available to customers of investor-owned electric utilities who install solar electric <br />systems (also known as solar photovoltaic [PV]) using solar modules certified as manufactured in Minnesota. <br />Modules from four Minnesota companies—tenKsolar, Silicon Energy, Heliene and Itek Energy—have been <br />certified for the program to date. Applications will be accepted annually from January 1 -February 28 each year <br />through 2023 and will be selected by lottery. <br />20316 Solar Incentive Amounts <br />Commercial For 1P'rofit—fog systems less dean ,40 kW <br />Silicon Energy Voyageur Module = $.23/kVVh <br />tenKsolar Module XT -A = $.13/kWh <br />Heliene Modules = $.13/kWh <br />Itek Energy Module = $.18/kWh <br />Ta;, Exempt/Nonprofit/Governmem a— for systems less than 40 k W <br />Silicon Energy Voyageur Module = $.25/kWh <br />tenKsolar Module XT -A = $.15/kVVh <br />Heliene Modules = $.15/1,Wh <br />Itek Energy Module = $.20/IcWh <br />Resider6al—•for systems less than 10 kW <br />Silicon Energy Voyageur Module = $.30/kWh <br />tenKsolar Module XT -A = $.23/101Vh <br />Heliene Modules = $.23/kWh <br />Itek Energy Module = $.27/kV\lh <br />0 <br />Incentives for PV systems are performance-based—established by a system's energy production—and paid out <br />over 10 years. Incentive amounts vary based on manufacturers' installed costs and criteria defined in state <br />statute. <br />The Made in Minnesota Solar Incentive Program is administered by the IVlinnesota Department of Commerce <br />with an annual budget of up to $15 million for 10 years, of which up to $250,000 per year can be reserved for <br />solar thermal rebates. About 50 percent of the incentives will go to residential systems and about 50 percent to <br />commercial. <br />More information on Made in Minnesota program is available on the Commerce website. Questions can be <br />directed to the Department of Commerce Energy Information Line: 651-539-1886 or toil free at 1-800-657-3710. <br />13 -. . <br />
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