Xcel Energy Heat Pump Rebate

Xcel Energy

Available Energy Assistance

About This Program

Rebate for qualifying air-source or ground-source heat pump installations. Rebate amounts vary by type and efficiency: up to $2,000 for air-source heat pumps, up to $3,000 for ground-source. Must meet minimum efficiency requirements and be installed by qualifying contractor.

Rebate amount depends on heat pump type and efficiency rating

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

Key Details

  • Up to $2,000 for air-source heat pumps
  • Up to $3,000 for ground-source heat pumps
  • Must meet minimum efficiency standards
  • Pre-approval recommended before purchase
  • Available to all Xcel electric customers

How to Apply

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

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Hastings early keeps your application moving.

Get matched with a contractor

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

Deadline: Ongoing; pre-approval recommended

Questions about this program?

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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