Category Archives: IPS Solar

IPS Announces Tree Planting Partnership

 

Turning Solar Into Saplings!  

We’re extremely excited to announce our partnership with American Forests to plant one tree for each kilowatt of solar we install in 2020 and beyond! 

Climate change can’t be solved without fully using the power of forests to help capture and store carbon dioxide emissions generated by human activity. More than 14 percent of U.S. carbon emissions each year are absorbed by our forests, and there is potential to grow this natural carbon sink by restoring our forests and planting more trees. 

American Forests is the oldest national conservation organization in the country. They have been working to restore threatened forest ecosystems and inspire people to value and protect urban and wildland forests for over 140 years. 

Expanding the tree canopy of our nation’s forests will improve the quality of life for residents and make our communities more sustainable, beautiful and livable. We’re honored to be working with a great organization like American Forests to help make this happen!

 

 

Celebrate Earth Day at Amsterdam Bar!

Join us at Amsterdam Hall & Bar to celebrate the 50th anniversary of Earth Day!

It’s the 50th anniversary of Earth Day and we’re celebrating!

After an advocacy-filled day at the State Capitol, we’re making the short trip over to Amsterdam Hall and Bar to celebrate 50 years of solar progress.

Details

– This is a free event
– All ages are welcome!
– Appetizers will be provided


For more info on other Earth Day activities: https://mnearthday.org/

Amsterdam Hall is a quick Green Line trip from the Capitol. IPS will provide light rail passes for all attendees.

 

Register for Free!

 

Mounds View Solar Educator Workshop Recap

On Saturday, February 8th, we hosted our first Solar Educator Workshop of 2020 at Mounds View High School. We had a wonderful time helping over 20 teachers develop new solar curriculum to bring to their classrooms and STEM programs!

Our Education Director, Michael Cartwright (a physics teacher for over 20 years) leads the workshops with IPS as a part of our Sunrise Program

Our Sunrise Program provides FREE Training – presenting some data visualization tools, as well as offering insight about how to adapt solar lessons for your classroom.

Sunrise event attendees receive three hours worth of continuing education credits and Solar Activities Kits to use in their classrooms.

Interested in attending a future educators workshop? Subscribe to our newsletter to stay informed!

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2020 Solar Trends: Opportunity Zones

Opportunity zones are certified low-income areas into which investors can deploy capital for value-adding projects, in exchange for federal capital gains tax and other advantages. 


In general, capital gains are incurred when selling an appreciated asset such as real estate or stocks.  The appreciated gain is taxed at a special rate, which is typically 15% to 20%.


By investing in opportunity zones an investor’s capital gains rate can be reduced by 50% to 75% depending on how long the investment is held.  


Opportunity zone funds can be used for solar, microgrids, electric vehicle charging stations, and energy storage.


Another benefit, Investors will not be taxed on any capital gains incurred from a project if they hold that property or asset for a decade or more.


There are 8,760 opportunity zones in all 50 states.

 

2020 Solar Trends: Xcel Solar Rewards Program

Xcel’s Solar*Rewards® program provides a financial incentive for residents, businesses and public entities to install solar power. Annual payments are made to the owner of the solar system in exchange for Renewable Energy Credits (RECs) produced by solar.  This is known as a performance-based incentive or PBI.


Xcel customers also qualify for Net Metering up to 1 megawatt AC (or enough power for roughly 200 homes).  If you generate more than you need, the extra energy is added to the grid, and any excess energy will be credited to your bill. 

Additionally, there’s a specific sub-program for under-resourced communities and income-qualified multi-family.


It is important to note that small commercial incentives levels are decreasing.


Also, large projects qualify for a separate bill-credit mechanism called capacity credit program or ELPC which was strengthened in 2019.

 

2020 Solar Trends: Minneapolis Green Cost Share Program

The City of Minneapolis is offering an incentive to install solar: the Green Cost Share Program. Qualifying projects will be compensated based on the solar array’s projected first year kilowatt hour production, up to $50,000.  Funding ranges from $.20 to $.40.


Priority will be given to buildings in designated Green Zones and to buildings that are participating in the 4D Affordable Housing Program.


Worth noting, projects receiving funding will require prevailing wage.

 

2020 Solar Trends: Corporate Solar

Major corporations are really stepping up and making a commitment to sustainability and clean energy! Industry leaders like Target, Walmart, IKEA, and Cargil have decided to leverage solar to benefit their business and the environment. 

 

Additionally, real estate investment trusts are also getting in the mix. Earlier this year, we announced two new projects with STAG where we are leasing their roofs for community solar projects!

 

2020 Solar Trends: National Price Trends

Good news, from a high level view, is that there’s continued downward pressure on system pricing. There are, however, several factors that are working against this trend and increasing cost.


Tariffs are a major factor. In 2018, the US international trade commission levied an import tariff on solar products, which phases down over four years.  This has increased panel prices compared to the rest of the world by as much as 60%.

 

 

2020 Solar Trends: Community Solar for Breweries

We all love craft breweries! The popularity of local microbreweries is exploding in the United States, but how can they maximize their profits and  minimize their operating expenses? Well, community solar is a great opportunity to do just that.

Former CEO of Insight Brewing Co., and now solar sales representative, Ilan Klages-Mundt is joining Eric Pasi to discuss how subscribing to community solar benefited his business.

Interested in learning how a community solar subscription could save your business thousands in operating costs? Give us a call: 651-789-5305!

 

 

 

2020 Solar Trends: MN Community Solar Updates

In 2020, Minnesota Community Solar financing is becoming one of the most popular financing mechanisms for commercial solar projects. The community solar program allows residents, businesses, and public entities to participate in solar that’s not located on their property.

Each year in September Xcel proposes a bill credit rate for the following year.  This is based on a set of attributes like avoided costs and environmental impacts to develop a state-approved formula called the Value of Solar.

This rate has fallen slightly each year since 2017 to about 11 cents per kilowatt-hour levelized.

Xcel says its value of solar rate is on track to more than double to about 25 cents per kWh for projects coming online in 2020 — a result that is “unreasonable, unrepresentative, and clearly falls outside of the public interest,” according to the utility.

A compromise is currently being hashed out at the public utilities commission with a likely rate around $.12 per kilowatt hour levelized.

This will allow for continued development, although capacity on the grid is increasingly hard to come by.