Incentives & financing

Utility Rebates

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Provider Type

Redwood Falls Public 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

Renville Sibley Cooperative Power Association

Up to
$800
Electric

Ductless Air Source Heat Pump

Rebate range
$300

Ducted Air Source Heat Pump

Rebate range
$800
Minimum efficiency

8.2 HSPF

Rebate webpage

Rochester Public 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

Roseau Electric Cooperative Incorporated

Up to
$150
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 Minimum SEER

Ductless Air Source Heat Pump

Rebate range
$650/ton
Minimum efficiency

17 SEER

Rebate webpage

Runestone Electric Association

Up to
$800
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$500-$800
Minimum efficiency

7 - 7.7 HSPF2

DuctlessAir Source Heat Pump

Rebate range
$200
Rebate webpage

Saint Charles Light and Water

Up to
$200
Electric
Generation and Transmission Utility
Dairyland Power Cooperative (Class D)

Ductless Air Source Heat Pump

Rebate range
$200/ton
Minimum efficiency

15 SEER

Ducted Air Source Heat Pump

Rebate range
$150
Minimum efficiency

15 SEER

Rebate webpage

Saint James Public Utility

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

Saint Peter Public 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

Sauk Centre Public Utilities Commission

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

Shakopee Public Utilities

Up to
$500
Electric

Ducted Air Source Heat Pump

Rebate range
$200-$500
Minimum efficiency

14.5-16 SEER

Rebate webpage