HomeMinnesota › Net Metering › Xcel Energy MN

Xcel Energy MN Net Metering Policy

How Xcel Energy MN compensates solar customers for excess energy in Minnesota.

Full Retail
Net Metering Policy
$0.148
Rate per kWh
120% of annual consumption
Capacity Limit
Excellent

Policy Rating

You are credited at the full retail rate for every kWh you export. This maximizes your solar ROI.

How Net Metering Affects Your Solar Payback

With Full Retail net metering at Xcel Energy MN, here's how your solar economics look for a typical $150/month bill:

System Size
7.5 kW
Annual Production
9,865 kWh
Annual Savings
$1,460
Payback Period
10.1 yrs

Note: With avoided-cost net metering, savings may be 20–30% lower than shown since exported power is credited below retail rate.

Understanding Net Metering

What is net metering? Net metering is a billing mechanism that credits solar owners for electricity exported to the grid. When your panels produce more than you use, the excess flows to the grid and your meter runs backward.

Compensation: Full retail rate. The credit rate determines how quickly you recover your investment.

Capacity limit: 120% of annual consumption. Systems larger than the capacity limit may be subject to different rules.

Solar Savings Calculator

Instant estimate — no email required

$

Get Xcel Energy MN Customer Quotes

See what Xcel Energy MN customers pay for solar from licensed local installers. Free comparison, no obligation.

Compare Solar Quotes →