What CenterPoint Energy pays in Minnesota
These are amounts for replacing existing equipment in an existing home. New construction amounts are lower and are listed on each CenterPoint page.
Hybrid heat pump with a gas furnace
For a ducted heat pump added to a home that has a high-efficiency gas furnace. New construction earns $400. The installer sets the heat pump to hand over to the furnace at 40 degrees Fahrenheit or colder.
Furnace
A furnace that is 97 percent efficient or better earns $1,000 when it replaces an old one. 96 percent earns $400 and 92 to 95.9 percent earns $200.
Boiler
A standard boiler earns $300, a condensing boiler $500 and a combination boiler or combination furnace $1,000.
Gas water heater
Tank $250, tankless $500, a tankless unit with an air handler $1,000 and an indirect tank $200.
Attic air sealing and insulation
Air sealing alone pays $750. Air sealing plus attic insulation pays $1,300. Insulation alone pays nothing.
Wall insulation
Rim joist insulation adds $200 when done with one of the other measures. The rim joist is the edge of the floor frame that sits on top of the foundation.
Windows
$50 for each window that meets the energy label's top cold-climate level and is put in by an eligible installer. $25 for a storm window you may put in yourself.
Thermostat
$50 for a smart or Wi-Fi model and $10 for a basic programmable one. One per gas address.
CenterPoint also runs a Home Energy Squad visit and a loan paid back on your gas bill. We did not read the details of those two programs, so we do not list amounts for them.
The hybrid heat pump is the unusual one
Most heat pump rebates in cold states ask you to give up your furnace. CenterPoint's does not. It pays $1,100 to add a ducted heat pump to a home that already has a gas furnace rated at 92 percent or better. In mild weather the heat pump heats the house. When the outside air drops to the switchover temperature, the furnace takes over. The page says the installer must set that temperature at 40 degrees Fahrenheit or lower.
That setup lowers risk. You keep a backup you already trust, and you only pay to run the heat pump during the part of the year when it is cheapest. The page also warns that running costs depend on your electric company or co-op rates, so ask for a bill estimate before you sign. The heat pump must be listed as a matched system and carry a heating efficiency score of at least 7.8 in the industry directory.
Insulation only pays when air sealing comes first
CenterPoint's insulation rule is blunt: attic insulation alone earns no rebate. The money is in sealing the leaks in the attic floor first, and then adding insulation. The page explains it with a coat. Even a warm coat is cold if it has holes. A trained crew must do the work, and only installers on CenterPoint's list qualify. The page lists them by area, so you can call a few and compare bids.
Wall insulation earns $1,500 and does not need the attic work. If you do all three, the combined rebate can reach about $3,000 with the rim joist add-on. The page also says a Home Energy Squad visit is not required but is a good first step.
Check which company sends each of your bills
These rebates need a CenterPoint gas account. A home that gets gas from CenterPoint often gets electricity from Xcel Energy, so you may qualify for both companies' programs. Rebates from different companies can stack when they are for different things, such as a CenterPoint furnace rebate and an Xcel panel rebate. Do not assume two companies will both pay for the same item. Our Xcel Energy Minnesota guide lists what the electric side pays.
Deadlines to remember
For furnaces, boilers, water heaters and thermostats, equipment must be installed between January 1 and December 31, 2026, and the application must be filed in the same calendar year as the install. Allow up to ten weeks for the check. Ask your installer whether they file online for you. CenterPoint says rebates arrive faster that way. A proposal or estimate does not count as proof. You need an invoice with the brand and full model number.
How to claim a CenterPoint Energy rebate in Minnesota
- Confirm you get natural gas from CenterPoint Energy in Minnesota.
- Pick equipment that is listed with its efficiency rating in the industry directory or on the ENERGY STAR site.
- Ask your installer if they file the rebate online for you. If not, print and mail the form with an invoice that shows the model number.
- File the application before December 31 of the year of installation.
- Allow up to ten weeks for the rebate to arrive.
Our pages for CenterPoint Energy Minnesota customers
- Minneapolis: CenterPoint gas, Xcel electric and the Green Cost Share rebate.
- Saint Paul: A cold city where many homes heat with gas.
Guides
- Minneapolis heat pump rebates
- Minneapolis insulation rebates
- Xcel Energy Minnesota rebates
- Minnesota rebate hub
- Minnesota smart thermostat rebates
- Save Energy Minnesota state programs
Common questions
Does CenterPoint pay for a heat pump?
Yes. It pays $1,100 for a ducted heat pump added to a home with a high-efficiency gas furnace, and $400 in new construction. It is for hybrid use, so you keep the furnace.
Can I get the rebate if I buy gas from another company?
No. These rebates are for Minnesota residential heating customers who get natural gas from CenterPoint Energy.
Does insulation alone earn a rebate?
No. CenterPoint's page says attic insulation only has no rebate. You need air sealing, which pays on its own.
Do I need a licensed installer?
For insulation and for the higher window rebate, yes, and the installer must be on CenterPoint's list. Furnaces and thermostats can be installed by any installer you choose, and a thermostat may be a do-it-yourself job.
What is the deadline?
Equipment must be installed in 2026 and the form must be filed by December 31 of the year it was installed.
By Sam Menard. Sources, last read October 6, 2026: CenterPoint Energy Minnesota heating rebates, CenterPoint Energy ducted heat pump rebate, CenterPoint Energy air sealing and insulation, CenterPoint Energy water heater rebates, CenterPoint Energy Minnesota window rebates. All rebate programs →