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DSIRE is go-to source on incentives for energy efficiency, renewable energy projects

March 19, 2014

For Immediate Release:

Are you planning an energy efficiency improvement project or a new renewable energy system, or have you recently completed a project? You may be eligible for incentives to help pay for or finance those projects. Check out the Database of State Incentives for Renewables & Efficiency (DSIRE), the most comprehensive source of information on financial incentives and policies that support renewables and energy efficiency in the United States.

DSIRE includes up-to-date information on:

  • Federal tax credits
  • Federal grant and loan programs
  • State loan programs
  • State incentive programs
  • State sales and property tax incentives
  • Utility rebate, grant, and loan programs

For instance, at DSIRE you can learn about the 30 percent federal Residential Renewable Energy Tax Credit (good through 2016) or the Residential Energy Efficiency Tax Credit of up to $500 for energy purchases made from 2011-2013. DSIRE has information on the new 10-year $250 million Made in Minnesota Solar Incentive Program for new solar electric and solar thermal installations. The database provides a long list of Minnesota utilities that offer rebate programs to residential and commercial customers. Virtually every utility in the state—the large investor-owned utilities and the municipals and cooperatives—provides incentives on a range of energy-saving efforts, including energy audits, air sealing and insulation, new high efficient heating and cooling systems, and efficient lighting.

Need financing for an energy-saving project? Check out the low-interest Fix-Up Loan offered by Minnesota Housing, as well as other loan programs.

The Minnesota Department of Commerce, Division of Energy Resources also offers financial resource information.