New Solar Panel Program Helps Property Owners Save Money

A pilot program that helps property owners save money on energy costs is being expanded. The Metropolitan Council is now offering its new Solar-For-Vouchers program in Minneapolis and St. Paul.

It helps residential property owners install solar panels on their buildings to save on energy costs. In exchange, owners must commit to renting a portion of their units to Section 8 Housing Choice Voucher program participants.

How Does It Work?:

Prospective participants simply express their interest in participating in the program by submitting an application to the Council to be considered within the pool of applicants.

The Met Council facilitates the process of solar panel installation by assembling a committed group of property owners and connecting them with solar developers. With many property owners participating, solar developers can install panels at competitive group prices.

The Met Council selects solar developers through a Request for Qualifications process. Property owners avoid the lengthy process of finding developers, evaluating the quality of their work, and negotiating competitive prices.

Clean Energy Resource Teams is partnering with the Met Council to offer program participants free technical assistance including the educational workshop, advice about successful site visits, evaluating solar develop proposals and contracts, financial calculators to determine savings, and more.

Housing Requirements:

Program participants are expected to rent, at market rate, the following number of units to low-income households through the Section 8 Housing Choice Voucher Program for 5 years:

In case property owners already rent to voucher holders in their properties, they are expected to reserve the above-specified number of units in addition to the number of units they already rent.

Eligibility Requirements:

Eligible properties must be:

-No taller than 5 stories

-Building with 5 or more units

-Structurally sound enough to support solar panels

For more information on the program and to fill out an application, click HERE.

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