Question 1

Federal Solar Tax Credit

Accepted Answer

The ITC offers commercial projects a 30% tax credit for solar installations. If you signed a contract in 2025 or 2026 and have any questions around safe harboring, construction start, etc., please contact us. Be sure to check with your tax advisor or accountant on any tax related matters.

Question 2

Accelerated Depreciation

Accepted Answer

The MACRS allows businesses to recover investments in solar energy systems through accelerated depreciation deductions. This incentive allows businesses to depreciate the value of their solar energy equipment over a five-year period, providing significant tax saving.

Question 3

Net Metering

Accepted Answer

Net metering in Minnesota allows businesses with solar panels to sell excess electricity back to the grid at the retail rate, earning bill credits that help offset future energy costs. Maximum systems sizes rules apply.

Explore Solar Incentives

Your city and electric company might offer incentives for going solar as well as other home upgrades

See how much you can save by requesting a quote today

Residential City and Utility Incentives

Xcel Solar Rewards

Dakota Electric Solar Installation Rebate

Net Metering

Shakopee Public Utilities Solar Installation Rebate

Green Cost Share Program-Minneapolis, MN

Climate Solutions Fund-Hopkins, MN

Solar Bonus Cost Share Program-St.Louis Park

Home Energy Rebate Program-Plymouth, MN

Community Climate Action Fund-Edina, MN

Commercial and Business Incentives

Federal Solar Tax Credit

Accelerated Depreciation

Net Metering