Xcel Energy Minnesota — MN Residential HVAC Rebates: Open
Enrollment for 2026 is open. Open for the 2024–2026 rebate cycle. Applications must be postmarked no later than September 30 of the year following installation of qualified equipment.
Serves: Minnesota residential electric and natural gas service areas.
Do I Qualify
- Service eligibility depends on the equipment and customer category.
- Furnaces require Xcel natural gas service. Mini-splits require Xcel electric service and must heat and cool.
- Cold-climate units need COP at 5°F of at least 1.75 and at least 70% heating-capacity retention. The summary also requires NEEP listing.
- Use a participating contractor for equipment marked Quality Installation. Efficiency tiers are alternatives.
How Much Comes Off
| Equipment | Requirement | Amount |
|---|---|---|
| Central AC | 13.4 SEER2 with Quality Installation | $150 per system |
| Central AC | 15.2 SEER2, 12.0 EER2 with Quality Installation | $450 per system |
| Ducted air-source heat pump | 15.2 SEER2, 9.6 EER2, 7.8 HSPF2 with Quality Installation; Combo or Natural Gas Only customers | $1,600 per system |
| Ducted air-source heat pump | 15.2 SEER2, 9.6 EER2, 7.8 HSPF2 with Quality Installation; Electric Only customers | $1,100 per system |
| Ducted cold-climate heat pump | 15.2 SEER2, 10.0 EER2, 8.1 HSPF2 with Quality Installation; Combo or Natural Gas Only customers | $2,000 per system |
| Ducted cold-climate heat pump | 15.2 SEER2, 10.0 EER2, 8.1 HSPF2 with Quality Installation; Electric Only customers | $1,500 per system |
| Mini-split heat pump | 15.2 SEER2, 9.3 EER2, 8.5 HSPF2 | $1,600 per outdoor unit |
| Cold-climate mini-split | 16.0 SEER2, 9.0 EER2, 9.5 HSPF2 | $2,000 per outdoor unit |
| Ground-source heat pump | 16 EER2 and 3.3 COP with Quality Installation | $500 per heating ton |
| Replacement gas furnace | Existing Home, 95% AFUE | $200 per furnace |
| Replacement gas furnace | Existing Home, 96% AFUE | $300 per furnace |
| Replacement gas furnace | Existing Home, 97% AFUE | $400 per furnace |
| Smart thermostat | ENERGY STAR; eligible to enroll in AC Rewards | $50 per household |
| AC Rewards enrollment | Eligible thermostat enrolled in AC Rewards | $100 per enrollment |
| AC Rewards annual credit | Eligible thermostat enrolled in AC Rewards | $25 per year |
| Heat-pump bonus | Qualifying insulation and air sealing followed by a qualifying heat pump within two years | $600 per project |
Who Files It
The customer signs the application. A participating contractor handles Quality Installation paperwork.
The provider pays either the contractor or the homeowner.
The Steps to Apply
- Confirm the equipment and service category before purchase. Program page.
- Install qualifying equipment and keep the invoice and AHRI certificate.
- Submit the correct rebate application. Program page.
Read on October 22, 2026 from the Xcel Energy Minnesota page. A change to this program is a dated line in the changelog.