Xcel Energy Air Source Heat Pump Rebate

Xcel Energy

Available Energy Assistance

About This Program

Rebates for installing cold-climate air source heat pumps for primary or supplemental heating. Rebates range from $500 to $1,500 based on system type and efficiency, with higher rebates for systems qualifying as primary heating.

Rebate for qualifying cold-climate air source heat pump system

Official program page checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $1,500 for cold-climate heat pumps
  • Available to Xcel electric customers
  • Higher rebates for primary heating systems
  • Must meet SEER2 and HSPF2 minimums
  • Professional installation required

How to Apply

A grant-savvy contractor in Austin, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

This grant requires a licensed contractor

This grant requires the work to be done by a licensed contractor, and you will likely need a written estimate to apply. Get a free estimate from a contractor in Austin who knows grant paperwork.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Xcel Energy offers this rebate to its residential customers who install the qualifying energy-efficient equipment this program covers. You apply through the utility's rebate program, usually online with your account, your paid invoice, and the equipment's model or efficiency rating. Many rebates are submitted by a participating contractor and paid after the equipment is installed, so confirm the current rebate and rules on the official page first.

Steps to apply

  1. Confirm you are a Xcel Energy residential customer and your project uses equipment that meets the program's efficiency requirements.
  2. Check the official rebate page for the current rebate amount, eligible equipment, and whether a participating contractor is required.
  3. Buy and install the qualifying equipment (keep the itemized paid invoice and the equipment model or AHRI / ENERGY STAR information).
  4. Submit the rebate application online within the program's deadline (often the contractor submits it for you), then receive the rebate after approval.

Documents you will likely need

  • Your Xcel Energy account information.
  • The itemized paid invoice or receipt for the equipment and installation.
  • The equipment's model number and efficiency rating (AHRI certificate or ENERGY STAR label).
  • Proof of the installation date.

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing rebate program

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