*Typical Year one Savings
Savings = Bill Credits – US Solar Payments
These estimates are based on the savings subscribers are expected to receive by participating in a US Solar Solar Garden. Estimated Savings are based on the difference between the expected Bill Credits* that the Utility will apply to your electric bill, and the Payment that you will make to US Solar. US Solar is responsible for designing, constructing, and maintaining the Solar Garden for 25 years.
*These estimates assume Utility rates will increase by 2.5% annually, which is below the historical average (Xcel rates increased an average of 3.5% per year from 200-2014). This means that if the utility rates increase as much as they have in the recent past, you can save even more money than we estimate here.
See how it works in the Annual Savings Example below.
This is only an example, and is based on the 2017 Enhanced Applicable Retail Rate (ARR) structure for MN residential customers under the Solar Rewards Community program. Actual savings are subject to a number of factors, including actual solar production, utility electricity rates, and Sunscription Agreement terms.