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

Todd Wadena Electric Cooperative

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

Ducted Air Source Heat Pump

Rebate range
$500 -$700
Minimum efficiency

SEER2: 14.3
HSPF2: 7.5

SEER2: 16
HSPF2: 8

 

Ductless Air Source Heat Pump, ≤1 ton

Rebate range
$150 - $250
Minimum efficiency

SEER2: 14.3
HSPF2: 7.5

SEER2: 16
HSPF2: 8

Ductless Air Source Heat Pump, >1 ton

Rebate range
$500 - $700
Minimum efficiency

SEER2: 14.3
HSPF2: 7.5

SEER2: 16
HSPF2: 8

Rebate webpage

Traverse Electric Cooperative Incorporated

Up to
$600
Electric

Ducted Air Source Heat Pump

Rebate range
$600
Rebate webpage

Truman Public Utilities

Electric

At this time, there are no available rebate offers.

Rebate webpage

Tyler Municipal Light and Power

Up to
$1,200
Electric

Ducted Air Source Heat Pump (electric back-up)

Rebate range
$2,000
Minimum efficiency

15.2 SEER2
8.1 HSPF2

Ducted Air Source Heat Pump

Rebate range
$1,000
Minimum efficiency

15.2 SEER2
8.1 HSPF2

Ductless Air Source Heat Pump

Rebate range
$500
Minimum efficiency

15.2 SEER2
8.5 HSPF2

Rebate webpage

Virginia Department of Public Utilities

Up to
$1,000
Electric

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15 SEER
8.5 HSPF

Ductless Air Source Heat Pump

Rebate range
$150
Minimum efficiency

16 SEER

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1,000
Minimum efficiency

15 SEER
9 HSPF
COP at 5°F ≥ 1.75

Rebate webpage

Wadena Electric and Water

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

Ducted Air Source Heat Pump

Rebate range
$150-$850
Minimum efficiency

SEER2: 15.2
HSPF2: 7.8
EER2: 9.6
SEER: 16
HSPF: 9.2
EER: 10

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$350-$1,150
Minimum efficiency

15.2 SEER2
8.1 HSPF2
 

Ductless Air Source Heat Pump

Rebate range
$250-$350/unit
Minimum efficiency

SEER2: 15.2
HSPF2: 7.8
EER2: 9.3
SEER: 15.2
HSPF: 8.7
EER: 9.3

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$400
Minimum efficiency

SEER2: 15.2
HSPF2: 8.5

Rebate webpage

Waseca 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

Centrally-ducted Air Source Heat Pump paired with a secondary heat source

Rebate range
$1,500
Minimum efficiency

SEER2: 16.2
HSPF2: 7.8
SEER: 17
HSPF: 9.2

Ducted or Ductless Mini-Split Air Source Heat Pump

Rebate range
Up to $2,200
Minimum efficiency

SEER2: 16.2
HSPF2: Varies
SEER: 17
HSPF: Varies
Minimum COP at 5°F: 1.75

Air Source Heat Pump Tune up

Rebate range
Up to $60
Rebate webpage

Wells 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

Centrally-ducted Air Source Heat Pump paired with a secondary heat source

Rebate range
$1,500
Minimum efficiency

SEER2: 16.2
HSPF2: 7.8
SEER: 17
HSPF: 9.2

Ducted or Ductless Mini-Split Air Source Heat Pump

Rebate range
Up to $2,200
Minimum efficiency

SEER2: 16.2
HSPF2: Varies
SEER: 17
HSPF: Varies
Minimum COP at 5°F: 1.75

Air Source Heat Pump Tune up

Rebate range
Up to $60
Rebate webpage

Westbrook Municipal Light and Power

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

Ducted Air Source Heat Pump

Rebate range
$150-$850
Minimum efficiency

SEER2: 15.2
HSPF2: 7.8
EER2: 9.6
SEER: 16
HSPF: 9.2
EER: 10

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$350-$1,150
Minimum efficiency

15.2 SEER2
8.1 HSPF2

 

Ductless Air Source Heat Pump

Rebate range
$250-$350/unit
Minimum efficiency

SEER2: 15.2
HSPF2: 7.8
EER2: 9.3
SEER: 15.2
HSPF: 8.7
EER: 9.3

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$400
Minimum efficiency

SEER2: 15.2
HSPF2: 8.5

Rebate webpage

Whalan Electric Department

Electric

Ducted Air Source Heat Pump

Rebate range
$200/ton
Minimum efficiency

14.3 SEER2
7.5 HSPF2
15 SEER
8.8 HSPF

Ductless Air Source Heat Pump

Rebate range
$200/ton
Minimum efficiency

14.3 SEER2
7.5 HSPF2
15 SEER
8.8 HSPF

Rebate webpage