Minnesota Power EV Incentives

Minnesota Power EV Incentives

What incentives does Minnesota Power have related to the installation of EV chargers?

Minnesota Power, which is an electrical utility company based in Duluth, Minnesota, has several incentives related to the installation of EV chargers. Some of these incentives include:

  1. EV Charging Station Rebate: Minnesota Power offers a rebate to its customers who install Level 2 EV chargers at their homes or businesses. The rebate amount varies depending on the type of charger and the location of the installation.
  2. Time-of-Use (TOU) Rate: Minnesota Power offers a special TOU rate for its customers who have Level 2 EV chargers installed at their homes or businesses. This rate allows customers to charge their EVs during off-peak hours, which can help to reduce the cost of charging.
  3. Net Metering: Minnesota Power allows customers with EV chargers installed at their homes or businesses to participate in net metering. This allows customers to generate their own electricity and receive credits on their utility bill for any excess electricity that is generated.
  4. Technical Assistance: Minnesota Power actively assists customers interested in EV chargers. This includes offering information on incentives, explaining technical requirements, and connecting customers with experienced local contractors.
  5. Minnesota Power plans to install 50 Level 2 EV chargers in its service area, fostering EV adoption and regional infrastructure development.

It’s important to note that these incentives may change, with specific eligibility terms. Check with the utility company for updated details.