Minnesota SF1434 eliminates allocations from the renewable development account to the solar energy production incentive program after 2025.

Minnesota SF1434 amends the solar energy production incentive program by eliminating allocations from the renewable development account after 2025. The program, which provides incentives for solar energy systems up to 40 kilowatts, is funded by withheld transfers from the renewable development account. Half of the annual allocations must be reserved for low-income programs. Unspent funds at the end of a program year remain available for the program, and any unspent amount on January 1, 2028, must be transferred to the renewable development account.

Minnesota SF1434 eliminates allocations from the renewable development account to the solar energy production incentive program after 2025.

Minnesota SF1434 amends the solar energy production incentive program by eliminating allocations from the renewable development account after 2025. The program, which provides incentives for solar energy systems up to 40 kilowatts, is funded by withheld transfers from the renewable development account. Half of the annual allocations must be reserved for low-income programs. Unspent funds at the end of a program year remain available for the program, and any unspent amount on January 1, 2028, must be transferred to the renewable development account.