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Renewable Development Fund Grants <br />Last DSIRE Review: 12/06/2005 <br />Incentive Type: Utility Grant Program <br />Eligible <br />Renewable/Other Photovoltaics, Wind, Biomass, Hydroelectric, CHP/Cogeneration, Anaerobic <br />Technologies: Digestion, Renewable Fuels, Fuel Cells (Renewable Fuels) <br />Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Local <br />Government, Utility, State Government, Tribal Government, Fed. <br />Government, Agricultural, Institutional <br />Amount: Varies <br />Max. Limit: Varies <br />Website: http://www.xcelenergy.com/ <br />XLWEB/CDA/0,2914,1-1-1 _4359_3725-801-2_171 _258-0, 00. htm I <br />Authority 1: MN Session Laws 2003, 1st Special Session, Chapter 11 (H.F. 9 of <br />2003) <br />Date Enacted: 2001; May 2003 <br />Effective Date: 1994; amended 2003 <br />Summary: <br />Xcel Energy Renewable Development Fund (RDF) was created in 1999 as an outcome of 1994 <br />Minnesota legislation concerning spent nuclear fuel at Xcel Energy's Prairie Island Nuclear <br />Plant. The Xcel RDF provides grants periodically through a Request for Proposals process. <br />Renewable energy technologies eligible for funding typically include wind, biomass, solar, <br />hydroelectric generators and fuel cells. Funding is generally split between new development <br />projects that result in the production of renewable energy, and research and development. <br />The first round of grants from the Xcel Energy RDF program, completed in 2001, supported 19 <br />projects with nearly $16 million in funding. In 2005 the Minnesota Public Utilities Commission <br />approved the second round of projects funded from the Xcel Energy RDF program -- 29 <br />projects totaling nearly $37 million. <br />A third round of funding is anticipated in 2006 or 2007. <br />Renewable Energy Production Incentive <br />Incentive Type: Production Incentive <br />Eligible <br />Renewable/Othe <br />r Technologies: Biomass, Hydroelectric, Anaerobic Digestion <br />Applicable Commercial, Residential, Nonprofit, Tribal Councils <br />Sectors: <br />Amount: 1.5¢/kWh <br />Maximum <br />Incentive: None <br />Terms: 10-year payment period <br />Authority 1: Minn. Stat. § 216C.41 <br />Date Enacted: 7/1/97 <br />Effective Date: 7/1/99 (hydro); 1/1/97 (wind); 7/1/01 (digesters) <br />Expiration Date: 12/31/2005 (hydro); 1/1/2017 (wind); 12/31/2017 (digesters) <br />