Minnesota offers a production incentive of $0.20 per gallon for each gallon of ethanol produced on or before June 30, 2000, or ten years after the start of production, whichever is later. However, as a result of the passage of SF 905 (2003), this incentive has been reduced to $0.13 per gallon for ethanol produced from July 1, 2003, through June 30, 2007. Beginning July 1, 2007, the payment rate will return to the statutory amount of $0.20 per gallon. At this point, if funding is available, Minnesota will repay producers $0.07 per gallon for ethanol produced from July 1, 2003, to June 30, 2007. Payments will be made to either the original producer or the secondary processor, but not both. This incentive applies to a maximum of 15,000,000 gallons of fuel per producer per year. The maximum payment to a producer is $3,000,000 per fiscal year. No payments will be made after June 30, 2010.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Minnesota |
| Incentive Type: | Performance-Based Incentive |
| Web Site: | http://www.revisor.leg.state.mn.us/slaws/2003/c128.html |
| Administrator: | Minnesota Department of Agriculture |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | $0.20/gallon |
| Maximum Incentive: | $3 million/year |
| Name: | Minn. Stat. § 41A.09 |
| Date Enacted: | 1997 |
| Expiration Date: | 6/30/2010 |
| Name: | Alan Dupay |
| Organization: | Minnesota Department of Agriculture |
| Address: |
90 West Plato Boulevard St. Paul MN 55107-2094 |
| Phone: | (651) 296-1686 |
| Email: | alan.dupay@state.mn.us |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
Copyright © 2024 EnergyBot • All rights reserved.
1601 Bryan St Suite 900, Dallas, TX 75201
