Incentives & financing

Utility Rebates

Download all rebates
Provider Type

H D Electric Cooperative

Up to
$600
Electric

Ducted Air Source Heat Pump

Rebate range
$600
Minimum efficiency

8.5 HSPF

Rebate webpage

Halstad Municipal Utilities

Electric
Generation and Transmission Utility
Northern Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$150/ton

Ductless Air Source Heat Pump

Rebate range
$150/ton
Rebate webpage

Hawley Public Utilities

Up to
$650
Electric
Generation and Transmission Utility
Northern Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$1450/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

Heartland Power Cooperative

Electric

Ducted Air Source Heat Pump

Rebate range
$300/ton
Minimum efficiency

14.3 SEER or 7.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$300/ton
Minimum efficiency

14.3 SEER or 7.5 HSPF2

Rebate webpage

Hibbing Public Utility

Electric

At this time, there are no available rebate offers.

Rebate webpage

Hutchinson 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

Iowa Lakes Electric Cooperative

Up to
$300
Electric

Ductless Air Source Heat Pump

Rebate range
$200
Minimum efficiency

14.3SEER2

Ducted Air Source Heat Pump

Rebate range
$50-$150
Minimum efficiency

<14.3 SEER2

Ducted Air Source Heat Pump

Rebate range
$200-$300
Minimum efficiency

14.3 SEER2

Rebate webpage

Itasca Mantrap Cooperative Electric Association

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

Ductless Air Source Heat Pump

Rebate range
$200
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ducted Air Source Heat Pump

Rebate range
$750
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ducted Air Source Heat Pump

Rebate range
$1000
Minimum efficiency

15.2 SEER2
8.1 HSPF2

Rebate webpage

Janesville Municipal Utilities

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

Ducted Air Source Heat Pump

Rebate range
$50-750
Minimum efficiency

14 SEER

Ductless Air Source Heat Pump

Rebate range
$50-750
Minimum efficiency

14 SEER

Rebate webpage

Kandiyohi Cooperative Electric Power Association

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

Ducted Air Source Heat Pump

Rebate range
$500
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ducted Air Source Heat Pump

Rebate range
$800
Minimum efficiency

15.2 SEER2
8.1 HSPF2

Ductless Air Source Heat Pump

Rebate range
$300
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$500
Minimum efficiency

15.2 SEER2
8.1 HSPF2

Rebate webpage