Incentives & financing

Utility Rebates

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Provider Type

Bagley Public Utilities

Generation and Transmission Utility
Northern Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$450/ton

Ducted Air Source Heat Pump

Rebate range
$650/ton
Minimum efficiency

17 SEER

Ductless Air Source Heat Pump

Rebate range
$450/ton

Ductless Air Source Heat Pump

Rebate range
650/ton
Minimum efficiency

17 SEER

Rebate webpage

Barnesville Municipal Electric

Up to
$1,100
Electric
Generation and Transmission Utility
Missouri River Energy Services

Ducted Air Source Heat Pump

Rebate range
$600-$700/unit
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.6 EER2

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1,000-$1,100/unit
Minimum efficiency

15.2 SEER2
8.1 HSPF2
10 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F 
 



 

Ductless Air Source Heat Pump

Rebate range
$250-$350/unit
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.3 EER2

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$400-$500/unit
Minimum efficiency

18 SEER2
9.5 HSPF2
9 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F OR ≥ 70% at 5°F/47°F

Rebate webpage

Beltrami Electric Cooperative Incorporated

Electric
Generation and Transmission Utility
Minnkota Power Cooperative

Ducted Air Source Heat Pump

Rebate range
$450/ton

Ducted Air Source Heat Pump

Rebate range
$650/ton
Minimum efficiency

17 SEER2

Ductless Air Source Heat Pump

Rebate range
$450/ton

Ductless Air Source Heat Pump

Rebate range
$650/ton
Minimum efficiency

17 SEER 

Rebate webpage

BENCO Electric Cooperative

Up to
$1,000
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$1000
Minimum efficiency

15 SEER2
8.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$500
Minimum efficiency

Minimum efficiency not listed.

Rebate webpage

Benson Municipal Utilities

Up to
$1,100
Electric
Generation and Transmission Utility
Missouri River Energy Services

Ducted Air Source Heat Pump

Rebate range
$600-$700/unit
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.6 EER2

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1,000-$1,100/unit
Minimum efficiency

15.2 SEER2
8.1 HSPF2
10 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F 

Ductless Air Source Heat Pump

Rebate range
$250-$350/unit
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.3 EER2

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$400-$500/unit
Minimum efficiency

18 SEER2
9.5 HSPF2
9 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F OR ≥ 70% at 5°F/47°F

Rebate webpage

Biwabik Public Utilities

At this time, there are no available rebate offers.

Rebate webpage

Blooming Prairie Public Utilities

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

Ducted Air Source Heat Pump

Rebate range
$125-$1800
Minimum efficiency

15.2 SEER2
7.8 HSPF2

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$250-$2200
Minimum efficiency

15.2 SEER2
7.7 HSPF2
COP at 5°F ≥ 1.75

Ductless Air Source Heat Pump

Rebate range
$125-$1800
Minimum efficiency

15.2 SEER2
7.8 HSPF2

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$125-$1800
Minimum efficiency

15.2 SEER2
8.5 HSPF2
COP at 5°F ≥ 1.75

Ducted Air Source Heat Pump (Existing Natural Gas)

Rebate range
$100-$200
Minimum efficiency

15.2 SEER2
7.5 HSPF2

Rebate webpage

Blue Earth Light and Water Department

At this time, there are no available rebate offers.

Brainerd Public Utilities

Ducted Air Source Heat Pump

Rebate range
$250/unit
Minimum efficiency

15 SEER2
8.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$250/unit
Minimum efficiency

16 SEER2

Rebate webpage

Breckenridge Public Utilities

Electric
Generation and Transmission Utility
Missouri River Energy Services

Ducted Air Source Heat Pump

Rebate range
$600-$700/unit
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.6 EER2
 

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1,000-$1,100/unit
Minimum efficiency

15.2 SEER2
8.1 HSPF2
10 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F 

Ductless Air Source Heat Pump

Rebate range
$250-$350/unit
Minimum efficiency

15.2 SEER2
7.8 HSPF2
9.3 EER2

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$400-$500/unit
Minimum efficiency

18 SEER2
9.5 HSPF2
9 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F OR ≥ 70% at 5°F/47°F

Rebate webpage