2017 Made in Minnesota (MiM) Solar Power Incentive Program

[rps-include-content blog=”1″ post=”844″]The second option of financing tools is a new program called Made in Minnesota, or MiM.

The MiM program is run through the Minnesota Department of Energy Resources and is available to any customer in an Investor Owned Utility (IOU) territory (largely Xcel Energy, Minnesota Power, and Ottertail).

This program is all about jobs!  It is intended to lower the cost of Minnesota made solar products and increase jobs in solar manufacturing supply chains, solar manufacturing, design engineering, installation and all the miscellaneous jobs created when a solar array is installed.

This program is available starting January 1, 2014, and includes $15 MILLION dollars for solar electric systems.  Professional system design and installation are requirements for this program.

The MiM program is an excellent option for your commercial flat roof and there will likely be a residential carve out for the dollars spent.  Take advantage of this program by asking TruNorth Solar how you can enter the lottery process Jan. 1, 2014.

The 2017 rates for Made in Minnesota are as follows.

Heliene 260w, 290w and 320w MiM Modules:

For-Profit Businesses – $0.10/kWh (10 years)

Non-Profit Organizations – $0.14/kWh (10 years)

Residential – $0.16/kWh (10 years)

 

iTek 295w and 300w  MiM Modules:

For-Profit Businesses – $0.11/kWh (10 years)

Non-Profit Organizations – $0.14/kWh (10 years)

Residential – $0.18/kWh (10 years)

 

More information can be found at the link below: https://mn.gov/commerce/industries/energy/solar/mim/

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