Minnesota Solar REAP Grant

Solar Incentives in Minnesota

The Rural Finance Authority in Minnesota established the Agricultural Improvement Loan Program. Participation is limited to 45% of the principal amount of the loan or to a maximum of $500,000. Terms for the remainder of the loan are negotiated between the participant and the lender.

In Minnesota, business owners qualify for a sales tax exemption. That means if a business purchased a system for $100,000 it would save $6,880 in taxes.

Minnesotans are exempt from paying property taxes on the value added to their property after installing a qualifying renewable home energy system. Your local assessor will automatically exclude the value of your solar energy system when determining the value of your property for tax purposes.

What is the REAP Grant (Rural Energy for America Program)?

The USDA's "Rural Energy for America Program," or “REAP,” offers a grant designed to encourage agricultural and rural businesses to maximize their energy efficiency with solar.

	Take advantage of REAP Grant savings The REAP grant can cover up to 50% of your solar energy system costs allowing you to break even in as little as 1 year. There are millions of dollars available to rural and small to mid-size businesses in Minnesota, as well as AG producers through this program.
	How can Greentech Renewables help? Greentech Renewables can help you with each stage of the grant application process, from finding an installer to working with a grant writer.
	Can I take advantage of the REAP Grant? Small businesses in eligible rural areas of Minnesota and any agricultural producer can apply and may be eligible. If you are a rural or small to mid-size business, check if you are in an eligible area (agricultural producers can skip this). Fill out our form to find out if you quality:
	Get Started!

24 kW New Virginia, IA Ground Mount Solar Project

Act Now!

Minnesota offers some support when it comes to installing solar on your business' building, but nothing will make a larger difference than the USDA's REAP Grant. The 50% rebate on your solar energy system is one of the best incentives offered in the history of the solar industry, so take advantage of the USDA's REAP Grant while it is still available. Fill out our interest form to get started!