Unlocking MN Energy Rebates

Cardboard house next to stacks of coins

It’s tempting to push your aging HVAC system to the back of your mind, but sooner or later every system needs to be replaced. Whether your furnace limped through the last few weeks of winter or you’re simply looking to upgrade to a new, energy-efficient air conditioning system that will cool even the stubbornly hot rooms in your home, HVAC replacement is sometimes the best answer. Fortunately, upgrading your home comfort is easier and more affordable than ever thanks to Minnesota energy rebates from Xcel Energy and CenterPoint Energy.

From discounts on high-efficiency furnaces to a MN heat pump rebate, these incentives help you save on top-tier, energy-efficient HVAC equipment. It’s the best of both worlds — lasting comfort at a lower cost.  

Learn more in this guide about available HVAC rebates in MN from the comfort advisors at HomeSmart!

Xcel Energy Rebates in MN

Xcel Energy offers a wide variety of furnace, cold climate air source heat pump, thermostat and air conditioner rebates in Minnesota. Systems must meet minimum efficiency standards. Total amounts available vary based on system efficiency, whether it’s a new installation or replacement of an existing unit, and whether the eligible system uses gas or electric power.

Xcel Energy’s MN rebates available for its customers include:

  • Central air conditioner rebates — $150 to $450 for qualifying systems
  • Cold climate air source heat pump rebates — $1,500 to $2,000 depending on type of service
  • Natural gas furnace rebates — $100 to $400
  • Natural gas boiler rebates — $250
  • Water heater rebates — $75 for qualifying tank-style water heaters, $250 for eligible tankless models
  • Smart thermostat rebates — starting at $50

CenterPoint Energy Rebates in MN

CenterPoint Energy offers thermostat, water heater and furnace rebates for MN natural gas customers. As with Xcel Energy, energy rebates can vary based on the type of HVAC equipment installed, efficiency and whether it is heating replacement or new heating installation.

To receive any of the CenterPoint rebates in MN, new heating and cooling equipment must meet minimum efficiency standards and be installed by December 31, 2025.

Rebates for CenterPoint Energy customers include:

  • Forced-air furnace rebates — $50 to $1,000
  • Boiler rebates — $300 to $1,000
  • Water heater rebates — $100 to $1,000
  • Thermostat rebates — $10 to $50

We’re Here to Help You Unlock Minnesota Energy Rebates 

With so many HVAC rebates for MN customers, it’s easy to get overwhelmed. We can help with that. The friendly comfort advisors at HomeSmart will guide you through the process from start to finish. We’ll identify which rebates could benefit your home, help you select a qualifying system and explain the entire Minnesota HVAC rebate process. Our team will then install your new, energy-efficient heating and cooling system according to our high standards, giving you peace of mind and lasting comfort. Ready to learn more? Have questions? No problem! Call us at 866-837-9762 today to get started with your free HVAC replacement in-home consultation.