Urge legislators to support on-bill financing in Minnesota

On-bill financing enables homeowners to pay for the cost of their solar system over time through their utility bill.

Rooftop solar is a smart investment for Minnesotans, but financing the upfront costs can be a barrier for many who want to go solar. One innovative solution used around the country is “on-bill” financing. On-bill financing allows you to own a solar system and pay back its cost over time through your monthly electric bill.

Unfortunately, on-bill financing is currently not an option in Minnesota, but the good news is that there is a bill (SF 3132/HF 3966) before the state legislature that would make it possible for Minnesota utilities to set up on-bill financing for residential rooftop solar, battery storage, as well as other clean and energy efficiency projects.

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