Minnesota Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 07/13/2012
Program Overview:
| State: |
Minnesota |
| Incentive Type: |
Utility Grant Program |
| Eligible Efficiency Technologies: |
Custom/Others pending approval |
| Applicable Sectors: |
Commercial, Industrial |
| Amount: | 50% of total project costs up to $100,000 |
| Maximum Incentive: | 50% of total project costs and $100,000 annually in grants/rebates per member. |
| Web Site: |
https://www.dakotaelectric.com/business/programs/rebates_grants_a...
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Summary:
Dakota Electric's Custom Energy Grant Program is offered for any commercial or industrial customer that installs qualifying energy-efficient products which exceed conventional models and result in a reduction of electric use, when a specific rebate program is not currently available. Any energy conservation measure is eligible for funding as long as it meets or exceeds current city, state or federal energy code requirements and the benefit cost ratio (BCR) is equal to or greater than 2.00. Products must maintain less than 20 percent harmonic distortion and a minimum power factor of 90 percent. The simple payback must also be equal to or greater than one year.
Dakota Electric will conduct an inspection of the project site prior to approval, and grant applications must earn pre-approval from Dakota Electric before any work begins. To qualify for rebates customers must apply by November 15 of the program year. Customers should contact the Dakota Electric Energy Experts for more information.
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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