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

Federated Rural Electric Association

Up to
$1,500
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$1,000
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ducted Air Source Heat Pump

Rebate range
$1,500
Minimum efficiency

16 SEER2
8 HSPF2

Ductless Air Source Heat Pump

Rebate range
$600
Minimum efficiency

Must be Energy Star rated

Rebate webpage

Fosston Municipal Utilities

Up to
$1,500
Electric
Generation and Transmission Utility
Northern Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$450/ton
Minimum efficiency

<16.2 SEER2

Ducted Air Source Heat Pump

Rebate range
$750/ton
Minimum efficiency

>16.2 SEER2

Ductless Air Source Heat Pump

Rebate range
$450/ton
Minimum efficiency

<16.2 SEER2

Ductless Air Source Heat Pump

Rebate range
$750/ton
Minimum efficiency

>16.2 SEER2

Rebate webpage

Freeborn Mower Electric Cooperative

Electric
Generation and Transmission Utility
Dairyland Power Cooperative

Ducted Air Source Heat Pump

Rebate range
$300/ton
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$300/ton
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Rebate webpage

Gilbert Water and Light

Up to
$1,000
Electric

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2
16 SEER
7.8 HSPF2
9.2 HSPF

Ductless Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2
15.2 SEER
7.8 HSPF2
8.7 HSPF

Ducted Cold Climate Air Source Heat Pump

Rebate range
$1,000
Minimum efficiency

15.2 SEER2
8.1 HSPF2
1.75 Minimum COP at 5°F

Ductless Cold Climate Air Source Heat Pump

Rebate range
$1,000
Minimum efficiency

16 SEER2
8.5 HSPF2
1.75 Minimum COP at 5°F

Rebate webpage

Glencoe Light and Power

Up to
$300
Electric
Generation and Transmission Utility
Central Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$300
Minimum efficiency

14.3 SEER2

Ductless Air Source Heat Pump

Rebate range
$300
Rebate webpage

Goodhue County Cooperative Electric Association

Up to
$700
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

13.8 SEER2
14.5 SEER

Ducted Air Source Heat Pump

Rebate range
$500
Minimum efficiency

14.3 SEER2

Ducted Air Source Heat Pump

Rebate range
$700
Minimum efficiency

15.2 SEER2

Ductless Air Source Heat Pump

Rebate range
$250
Minimum efficiency

13.8 SEER2
14.5 SEER
7 HSPF2

Rebate webpage

Grand Marais 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

Grand Rapids Public Utilities

Up to
$1,000
Electric

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15 SEER
8.5 HSPF

Ducted Cold Climate Air Source Heat Pump

Rebate range
$1,000
Minimum efficiency

15 SEER
9 HSPF
1.75 Minimum COP at 5°F

Ductless Air Source Heat Pump

Rebate range
$400
Minimum efficiency

14.5 SEER
8.2 HSPF

Rebate webpage

Granite Falls Municipal Utilities

Up to
$750
Electric
Generation and Transmission Utility
Central Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$50
Minimum efficiency

14 SEER

Ducted Air Source Heat Pump

Rebate range
$750
Minimum efficiency

16.5 SEER

Ductless Air Source Heat Pump

Rebate range
$50
Minimum efficiency

14 SEER

Ductless Air Source Heat Pump

Rebate range
$750
Minimum efficiency

16.5 SEER

Rebate webpage

Grove City Utilities Department

Electric

No ASHP rebates available at this time.

Rebate webpage