Xcel Energy Heat Pump Rebate

Xcel Energy

Available Weatherization

About This Program

Rebate for installing qualifying cold-climate air source heat pumps. Rebate amounts vary by system type and efficiency rating. Income-qualified customers may receive enhanced rebates up to $10,000.

Standard rebate for qualifying heat pump installation

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

Key Details

  • Rebate up to $2,500 for heat pump installation
  • Enhanced rebates up to $10,000 for income-qualified
  • Must meet ENERGY STAR efficiency requirements
  • Cold-climate rated equipment required
  • Pre-approval recommended

How to Apply

A grant-savvy contractor in New Hope, 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 New Hope 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: Available while program funds last

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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