Incentives & financing

Utility Rebates

Download all rebates
Provider Type

MiEnergy Cooperative (formerly Tri-County Electric Cooperative)

Electric
Generation and Transmission Utility
Dairyland Power Cooperative (Class A)

Ducted Air Source Heat Pump

Rebate range
$300
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$300
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Rebate webpage

Mille Lacs Electric Cooperative

Up to
$750
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$750
Minimum efficiency

14.3 SEER2

Ductless Air Source Heat Pump

Rebate range
$500
Minimum efficiency

15 SEER2

Rebate webpage

Minnesota Power

Up to
$1,000
Electric

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2 
7.8 HSPF2
 

Ductless Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2 
7.8 HSPF2
 

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1,000
Minimum efficiency

15.2 SEER2
8.1 HSPF2
10 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F OR ≥ 70% at 5°F/47°F
 

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$1,000
Minimum efficiency

16 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

Minnesota Valley Cooperative Light and Power Association

Electric

Ductless Air Source Heat Pump

Rebate range
$6/1,000 BTUs

Ducted Air Source Heat Pump

Rebate range
$6/1,000 BTUs
Rebate webpage

Minnesota Valley Electric Cooperative

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

Ductless Air Source Heat Pump

Rebate range
$300
Minimum efficiency

Energy Star

Ducted Air Source Heat Pump

Rebate range
$500
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Rebate webpage

Moorhead Public Service

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

Moose Lake Water and Light

Electric

At this time, there are no available rebate offers.

Rebate webpage

Mora Municipal Utilities

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

Ducted Air Source Heat Pump

Rebate range
$125-$1,800
Minimum efficiency

15.2 SEER2
7.8 HSPF2

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$250-$2,200
Minimum efficiency

15.2 SEER2
7.7 HSPF2
COP at 5°F ≥ 1.75

Ductless Air Source Heat Pump

Rebate range
$125-$1,800
Minimum efficiency

15.2 SEER2
7.8 HSPF2

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$250-$2,200
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

Mountain Iron Public Utilities

Up to
$1,000
Electric

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2 
7.8 HSPF2

Ductless Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15.2 SEER2 
7.8 HSPF2
 

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1,000
Minimum efficiency

15.2 SEER2
8.1 HSPF2
10 EER2
COP at 5°F ≥ 1.75
Capacity maintenance: ≥ 58% at 17°F/47°F OR ≥ 70% at 5°F/47°F
 

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$1,000
Minimum efficiency

16 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

Mountain Lake Municipal Utilities

Up to
$1,700
Electric
Generation and Transmission Utility
Central Municipal Power Agency

Ductless Air Source Heat Pump

Rebate range
Starting at $50
Minimum efficiency

Minimum efficiency not listed.

Ducted Air Source Heat Pump

Rebate range
Starting at $50
Minimum efficiency

Minimum efficiency not listed.

Rebate webpage