Incentives & financing

Utility Rebates

Available rebates and equipment specification requirements are updated on an annual basis. Rebate tracker displays a summary of available ASHP rebates and may not be the current offering from your specific utility; please view your utility's rebate webpage for exact details.

Download all rebates
Provider Type

Redwood Falls Public Utilities

Up to
$2,200
Electric
Generation and Transmission Utility
Southern Minnesota Municipal Power Agency

Ducted Air Source Heat Pump paired with a secondary heat source

Rebate range
$1,500
Minimum efficiency

16.2 SEER2
17 SEER
7.8 HSPF2
9.2 HSPF

Ducted or Ductless Mini-Split Air Source Heat Pump

Rebate range
Up to $2,200
Minimum efficiency

16.2 SEER2
17 SEER
1.75 Minimum COP at 5°F

HSPF/HSPF2 requirements vary

Ducted Air Source Heat Pump Tune Up

Rebate range
Up to $60
Rebate webpage

Renville Sibley Cooperative Power Association

Up to
$800
Electric

Ducted Air Source Heat Pump

Rebate range
$800
Minimum efficiency

8.2 HSPF

Ductless Air Source Heat Pump

Rebate range
$300
Rebate webpage

Rochester Public Utilities

Up to
$2,200
Electric
Generation and Transmission Utility
Southern Minnesota Municipal Power Agency

Ducted Air Source Heat Pump paired with a secondary heat source

Rebate range
$1,500
Minimum efficiency

16.2 SEER2
7.8 HSPF2

Ducted or Ductless Mini-Split Air Source Heat Pump

Rebate range
Up to $2,200
Minimum efficiency

16.2 SEER2
1.75 Minimum COP at 5°F

HSPF/HSPF2 requirements vary

Ducted Air Source Heat Pump Tune Up

Rebate range
Up to $60
Rebate webpage

Roseau Electric Cooperative Incorporated

Up to
$1,500
Electric
Generation and Transmission Utility
Minnkota Power Cooperative

Ducted Air Source Heat Pump

Rebate range
$450/ton
Minimum efficiency

<16.2 SEER2

Ducted Air Source Heat Pump

Rebate range
$650/ton
Minimum efficiency

>16.2 SEER2
17 SEER

Ductless Air Source Heat Pump

Rebate range
$450/ton
Minimum efficiency

<16.2 SEER2

Ductless Air Source Heat Pump

Rebate range
$650/ton
Minimum efficiency

>16.2 SEER2
17 SEER

Rebate webpage

Runestone Electric Association

Up to
$900
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$500
Minimum efficiency

7.5 HSPF2

Ducted Air Source Heat Pump

Rebate range
$900
Minimum efficiency

Must be CEE Tier 1 Listed

Ductless Air Source Heat Pump

Rebate range
$200
Minimum efficiency

Must be Energy Star rated

Rebate webpage

Saint Charles Light and Water

Up to
$500
Electric
Generation and Transmission Utility
Dairyland Power Cooperative

Ducted Air Source Heat Pump

Rebate range
$150/ton
Minimum efficiency

15 SEER

Ductless Air Source Heat Pump

Rebate range
$200/ton
Minimum efficiency

15 SEER

Rebate webpage

Saint James Public Utility

Up to
$1,150
Electric
Generation and Transmission Utility
Missouri River Energy Services

Ducted Air Source Heat Pump

Rebate range
$150-$850
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.6 EER2

Ducted Cold Climate Air Source Heat Pump

Rebate range
$350-$1,150
Minimum efficiency

15.2 SEER2
8.1 HSPF2
Capacity maintenance: ≥ 70% at 5°F of that at 47°F

Ductless Air Source Heat Pump

Rebate range
$250-$300
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.3 EER2

Ductless Cold Climate Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2
8.5 HSPF2
Capacity maintenance: ≥ 70% at 5°F of that at 47°F

Rebate webpage

Saint Peter Public Utilities

Up to
$2,200
Electric
Generation and Transmission Utility
Southern Minnesota Municipal Power Agency

Ducted Air Source Heat Pump paired with a secondary heat source

Rebate range
$1,500
Minimum efficiency

16.2 SEER2
17 SEER
7.8 HSPF2
9.2 HSPF

Ducted or Ductless Mini-Split Air Source Heat Pump

Rebate range
Up to $2,200
Minimum efficiency

16.2 SEER2
17 SEER
1.75 Minimum COP at 5°F

HSPF/HSPF2 requirements vary

Ducted Air Source Heat Pump Tune Up

Rebate range
Up to $60
Rebate webpage

Sauk Centre Public Utilities Commission

Up to
$1,150
Electric
Generation and Transmission Utility
Missouri River Energy Services

Ducted Air Source Heat Pump

Rebate range
$150-$850
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.6 EER2

Ducted Cold Climate Air Source Heat Pump

Rebate range
$350-$1,150
Minimum efficiency

15.2 SEER2
8.1 HSPF2
Capacity maintenance: ≥ 70% at 5°F of that at 47°F

Ductless Air Source Heat Pump

Rebate range
$250-$300
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.3 EER2

Ductless Cold Climate Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2
8.5 HSPF2
Capacity maintenance: ≥ 70% at 5°F of that at 47°F

Rebate webpage

Shakopee Public Utilities

Up to
$500
Electric
Generation and Transmission Utility
Minnesota Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$200
Minimum efficiency

14.5 SEER

Ducted Air Source Heat Pump

Rebate range
$350
Minimum efficiency

15 SEER

Ducted Air Source Heat Pump

Rebate range
$500
Minimum efficiency

16 SEER

Rebate webpage