Xcel Energy Heat Pump Rebate

Xcel Energy Minnesota

Available Energy Assistance

About This Program

Rebate for installing qualifying air-source or cold-climate heat pumps. Eligible systems must meet efficiency requirements and be professionally installed by a qualified contractor.

Rebate varies by system type and efficiency rating, up to $2,500 for cold-climate systems

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

Key Details

  • Up to $2,500 rebate for heat pumps
  • Cold-climate systems receive highest rebates
  • Must meet efficiency requirements
  • Professional installation required
  • Ongoing program availability

How to Apply

A grant-savvy contractor in New Ulm, 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 New Ulm who knows grant paperwork.

Get matched with a contractor

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

Deadline: Ongoing

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

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