Minnesota Power Solar Savings: Net Metering, Rates & Rebates (2026)

How much can Minnesota Power customers save with solar in 2026? With retail net metering and $0.06/kWh export compensation, solar is a strong investment. Plus the 30% federal tax credit cuts your upfront cost significantly. See the full breakdown below.

retail Net Metering Type
$0.06/kWh Export Compensation
$25 Interconnection Fee
150,000 Customers Served
N/A Peak Rate (TOU)
N/A Off-Peak Rate (TOU)
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Solar Policy Details for Minnesota Power

PolicyDetails
Net Meteringretail
Export Compensation$0.06/kWh
Interconnection Fee$25
Time-of-Use RatesNot available
Net Metering CapNot yet reached
Renewable ProgramAvailable
Battery IncentiveNot available
EV Rate ProgramNot available

Maximizing Solar Savings with Minnesota Power

Minnesota Power customers — a regional utility serving Minnesota — benefit from full retail-rate net metering at $0.06/kWh export compensation. This moderate export rate makes self-consumption optimization important — use solar energy directly when possible for maximum value.

Export Compensation

When your solar system produces more electricity than you use, the excess is exported to the grid. Minnesota Power compensates you at $0.06/kWh for exported energy under their retail policy.

State Incentives in Minnesota

In addition to Minnesota Power's policies, Minnesota homeowners can access:

  • Federal ITC: 30% tax credit on solar installation
  • Property Tax Exemption: Solar increases home value without raising property taxes
  • Sales Tax Exemption: No sales tax on solar equipment
See All Minnesota Incentives

Frequently Asked Questions

Yes — Minnesota Power provides full retail-rate net metering. Export compensation is approximately $0.06/kWh, which is moderate compared to other Minnesota utilities. The program is currently open to new enrollments.
Minnesota Power's interconnection fee is approximately $25, which is minimal for Minnesota. This is a one-time fee to connect your solar system to the grid. This minimal fee keeps your upfront solar costs lower.
Minnesota Power does not currently offer time-of-use rates, meaning your electricity cost is the same regardless of when you use it. This makes solar economics straightforward — every kWh your panels produce saves you the standard rate.
Minnesota Power does not currently offer specific battery incentives. However, battery storage can still be valuable for backup power during outages and maximizing self-consumption of solar energy.
Minnesota Power serves approximately 150,000 customers in Minnesota, making it a regional utility serving Minnesota. Solar policies vary between utilities — check that your installer is familiar with Minnesota Power's specific interconnection process.

SolarSavingsAI Research Team

Solar Energy Analysts

Our team analyzes solar incentive data from federal (DOE, IRS), state (DSIRE), and utility sources to provide accurate savings estimates. Data is reviewed quarterly and cross-referenced with NREL benchmarks.

Sources: DOE, IRS, DSIRE, NREL, EIA Updated: 2026 Full Methodology Editorial Standards

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