Laserfiche WebLink
Page 1 of 4 <br /> <br />Updated 03/18/2015 <br /> <br /> <br />Solar*Rewards® Community® <br />Minnesota Subscriber FAQs <br /> <br />How can I subscribe to a community solar garden? <br />In order to be a subscriber to the Minnesota Solar*Rewards Community (S*RC) program, you must be an <br />Xcel Energy electric retail customer in Minnesota. The location of the customer premise associated with <br />the account receiving the bill credit must be in the county where the solar garden is located, or in an <br />adjacent county. You can decide which garden you are interested in and contact one of the many <br />Garden Operators developing solar gardens in Minnesota. <br /> <br />Requirements are largely defined in Minn. Statute §216B.1641. <br /> <br /> Subscriber Requirements <br /> The following rules apply to all Solar*Rewards Community subscribers: <br /> A subscriber must be an electric retail customer of Xcel Energy <br /> Subscriptions must not exceed 120% of your average annual electric energy usage <br /> Subscriptions must not exceed 40% of a single garden <br /> Subscribers will be provided a monthly credit on their bill. The credit will be determined on a <br />dollars per kilowatt-hours produced ($/kWh) basis by Xcel Energy. <br /> <br />Am I eligible to receive a bill credit? What type of credit is available? <br />Xcel Energy customers subscribing to a solar garden are eligible for a solar energy bill credit. <br /> <br />Bill credit rates can be found in our Section 9 Tariff. <br /> <br />The “Standard Bill Credit” is the applicable retail rate in effect at the time of energy generation. The <br />“Enhanced Bill Credit” is the sum of the applicable Standard Bill Credit and the Commission-approved <br />Renewable Energy Credit (REC) pricing. A Solar*Rewards Community garden electing to sell its RECs (via <br />the Enhanced Bill Credit) to the Company for subscribed energy, shall be at the Commission-approved <br />REC price in place on the date the garden’s application is considered by the Company to be complete. <br /> <br />How is the credit amount determined? <br />Each month, the solar production from a community solar garden is recorded in kilowatt-hours (kWh). <br />The production amount is then allocated, based on each customer’s subscription size. The customer’s <br />bill credit is calculated by multiplying the number of kWh by the bill credit rate ($/kWh). Detailed <br />information on the calculation of the bill credit can be found in the published Tariff on our website. <br /> <br />Bill credits are applied to the final billed amount, after all electric charges, adjustments, riders, taxes and <br />fees are added in. Therefore the credits will have no impact on the taxable amount owed by the <br />subscriber. <br /> <br />When are credits posted?