Made in Minnesota (MiM) is a solar photovoltaic (PV) and solar thermal incentive program that gives rebates to consumers based on the performance of the system aka how many kilowatt hours (kWh) produced in a year (PV) or the size of the system (thermal). MiM’s true purpose is to create jobs while making Minnesota greener and lowering the cost of Minnesota manufactured solar products. Run by the Department of Commerce – Division of Energy Resources and legislated to last 10 years, $15 million is available annually for rebates with $250,000 set aside for solar thermal.
With news of MiM’s second year of production-based incentives released in August, Energy Concepts is gearing up for another round of lottery-based applications due in by February 28. To qualify, consumers must install solar PV and thermal systems that use modules or collectors that were manufactured in Minnesota and are served electricity by one of the four Investor Owned Utilities (IOU), Xcel Energy, Minnesota Power, Alliant Energy and Ottertail Power.
Customers living within the service territories of one of the four IOUs have an incredible chance at their fingertips. Not only does a MiM PV system earn its owner an annual check for the amount of solar produced up to $.39/kWh, but owners also see a reduction in their utility bill. Solar thermal investors can receive a 25% rebate. Money saved; money earned! Both commercial and residential systems can benefit from 30% federal tax credits; commercial also can see quicker depreciation times.
MiM requires solar professionals to lead customers through the application process. Thankfully, Energy Concepts is here demystify every step from designing a system that is right for you using MiM-certified products to tackling the myriad of paperwork required and laying clear the financial parameters of your new system. We’ve been installing solar for years and successfully completed more than a handful of 2014 MiM applications. MiM gives those who are solar-curious a chance to invest in something that benefits themselves, the economy, and the environment.
Let Energy Concepts lead you on that journey.
Contact us to get a free quote: 715-381-8877 or click here.
Photo Caption: More than just people benefit from Windy Ridge’s Solar PV install thanks to MiM.