Full Retail

Net Metering in Minnesota

Current NEM policy, export rates, and impact on solar payback for Minnesota homeowners.

NEM Export Rate

$0.170

per kWh

Avg Retail Rate

$0.170

per kWh

% of Retail

100%

compensation

Policy Status

Active

since 2014-01

System Limit

Up to 1 MW

max eligible

NEM Policy Details — Minnesota

How Minnesota compensates your excess solar generation

Full RetailActive

Full retail net metering for systems up to 1 MW. Annual true-up with payment at average retail rate. Strong community solar program.

NEM Rate$0.170/kWh
Retail Rate$0.170/kWh
Savings GapNone
Annual True-UpYes

Source: Minnesota PUC, DSIRE · Effective: 2014-01

Calculate Your NEM Savings in Minnesota

$

NEM Rate Comparison

$0.00Minnesota: $0.170$0.170 (retail)

Minnesota's NEM rate is 100% of the retail electricity rate — near full retail compensation.

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Written & reviewed by

Jeremy Wolfe — Senior Solar Energy Analyst

Jeremy Wolfe is a solar energy analyst specializing in residential photovoltaic economics, federal and state incentive policy, and return-on-investment modeling for homeowners. He leads EnergyTools' solar research program and methodology.

  • 10+ years analyzing residential solar economics and payback modeling
  • Lead researcher for EnergyTools' 50-state solar cost-per-watt database
  • Author of 100+ solar ROI, payback, and incentive analyses

Methodology & data sources:NREL PVWatts, EPA FuelEconomy.gov, state utility commissions— updated 2026.