Project Traits
State: Minnesota
Congressional District: MN05
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Clean Power, Energy Storage
Energy Subsector: Solar, Solar Plus Storage
Project Start Year: Unknown
Project Launch Year: Unknown
Government Support Received: Federal Grant [Greenhouse Gas Reduction Fund] for $300,000 Federal Grant [Solar For Schools Grant] for $600,000
Outcomes & Impacts
Private Investment: $3,100,000
Jobs Announced or Created: 100
People Served: Unknown
Projected Economic Impact: Unknown
The Minnesota Department of Commerce has announced adjustments to dollar amounts under the Minnesota Consumer Credit Code and the Regulated Loan Act, effective July 1, 2020. These adjustments are based on a 15% increase in the Implicit Price Deflator for the Gross Domestic Product from December 2011 to December 2019. The changes include increases in principal amounts subject to interest, minimum refunds, default charges, and loan administration fees. The next adjustment is scheduled for July 1, 2022, based on the December 2021 index.
Workforce: • Prevailing wages will need to be paid and reported. • Approximately 100 FTEs construction jobs. Energy Savings: • 1,824,000 kWh annually
REP is proposing to construct solar projects, totaling 1,463 kW, on four Minneapolis school district buildings. Each building will also have an energy storage component. These installations are part of Xcel Energy‘s integrated distribution plan which includes this Resilient Minneapolis Proposal (RMP). On August 6, 2024, the Minnesota Public Utilites Commission approved this Xcel Energy proposed project. The intent of this project, beyond the energy savings that will be seen each day, is to have a source of available energy that can be provided to the local energy grid in case of a disaster that would curtail the delivery of energy from normal operations.