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Xcel Energy - Renewable Development Fund Grants

dCHPP Glossary (PDF) (2 pp, 53K)

Date Last Updated3/25/2015
Incentive TypeGrant
Incentive Administrator/Contact OfficeXcel Energy
Incentive Initiation Date1/1/1999
Incentive Size and Funding SourceThe Xcel Renewable Development Fund provides grants periodically through a Request for Proposals (RFP) process to promote the start up, expansion and attraction of renewable energy projects and companies in the Xcel Energy service area, as well as stimulate research and development in renewable energy technologies. In RDF Cycle 4, more than $42 million was awarded to 29 projects. The Xcel Energy Renewable Development Fund is financed by Xcel Energy ratepayers. Project funding to date has been in the form of grants and renewable production incentive (REPI) payments. Grants support commercial technologies, and research and development, while the REPI is paid to qualifying small wind, biogas and hydroelectric projects operating and generating electricity in Minnesota.
Eligible RecipientResearch universities, nonprofit organizations, commercial businesses and governmental agencies, and project developers in Minnesota.
Eligible FuelBiogas; Woody Biomass; Other
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaRenewable-energy technologies eligible for funding typically include wind, biomass, solar, hydroelectric generators and fuel cells.

Funds in the RDF account may only be used for the following purposes:
  • To increase the market penetration of renewable electric energy resources in Minnesota at reasonable costs.
  • To promote the start-up, expansion, and attraction of renewable electric energy projects and companies within Minnesota.
  • To stimulate in-state research and development into renewable electric energy technologies.
  • To develop near-commercial and demonstration scale renewable electric projects or near-commercial and demonstration scale electric infrastructure delivery projects if those delivery projects enhance the delivery of renewable electric energy.
UtilityXcel Energy
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