What Minneapolis homes can get in 2026
Your own total depends on which companies send your bills and what work you do. This list shows the main programs, and each card links to a deeper page.
City Green Cost Share
For heat pumps, heat pump water heaters, insulation and gas heating equipment paired with a heat pump, in single-family homes and buildings of two to four units.
Xcel Energy heat pump
From Xcel's older rebate sheet. The live page does not list an amount.
CenterPoint hybrid heat pump
For a ducted heat pump added to a home that keeps a high-efficiency gas furnace.
Xcel heat pump water heater
For Xcel electric customers. A $75 to $250 gas water heater rebate is also available to Xcel gas customers.
CenterPoint gas water heater
Tank $250, tankless $500, combination unit $1,000, indirect tank $200.
Insulation and air sealing
Xcel pays 40% of cost up to its caps. CenterPoint pays flat amounts and wants air sealing with attic work.
Xcel Home Energy Squad
A home visit with a report. Free for income-qualified customers.
State HOMES and HEAR rebates
The state says these federal rebates have not launched and has no date, so we do not count them.
What Minneapolis homes look like
The Census Bureau's American Community Survey for 2020 to 2024 counts 209,080 homes in Minneapolis. About 52% of households rent and 48% own. 40% are detached houses and about 12% sit in buildings of two to four units. 72% were built before 1980, 43% before 1940, and 18% in 2000 or later. About 70% of homes heat with natural gas from a utility line, about 25% with electricity and about 2% with bottled gas.
The mix tells you where the money fits. Old homes with gas heat are the main target for insulation and hybrid heat pump rebates. The 25% that use electricity can gain from Xcel's lower electric heating rate, which is $0.06537 per kilowatt hour from October through May.
Where the city program fits
Minneapolis runs a program called Green Cost Share that helps property owners pay for energy upgrades. The residential part works through partners. One partner pays rebates after the work is done, with no energy assessment required. Another offers a loan with 0% interest to households under 150% of the area median income, for up to $20,000 over up to 10 years. Others handle owner-occupied homes with lower incomes, landlords with income-limited tenants, and no-cost weatherization, with the city funding some of each. The city's page lists the details and an income table.
For a typical owner, the useful point is that the city rebate does not replace what your utilities pay. You can apply for both for the same project, and you should ask each program to confirm in writing.
Renters and landlords
More than half of Minneapolis households rent. A renter cannot usually change the heating system, but a landlord who owns up to four units can apply for city programs. One partner program, for landlords of one to four unit rentals, covers 90% of the project cost when at least half of the units have household incomes under 80% of the area median: 50% from CenterPoint and 40% from the city. It is for CenterPoint gas customers and covers insulation, gas heating work and gas water heaters. If you rent, send your landlord this page.
What we left out and why
We could not read the state's heat pump page, because it asked us to prove we were human, and we did not try to get around that. We also did not read the city partner's page with per-item amounts, Xcel's July 2025 sheet, or any Saint Paul or Minnesota Energy Resources page. Federal tax credits for home improvements are not listed because we could not confirm any are open for work done in 2026.
Every rebate guide for Minneapolis
- Insulation rebates in Minneapolis
- Heat Pump rebates in Minneapolis
- Minnesota smart thermostat rebates (all utilities side by side)
How to get started in Minneapolis
- Look at your electric and gas bills to see which companies serve your home.
- Book a Home Energy Squad visit to plan the work.
- Check whether your address is in a Green Zone on the city's site.
- Ask each contractor for a written quote that lists every rebate it counts on.
- File with the utilities by their deadlines and with the city within 60 days of finishing.
Common questions
What is the biggest rebate in Minneapolis?
The city's Green Cost Share, which pays up to $5,000 for most homes and up to $14,000 in a Green Zone for all your projects together.
Do I have to be low income?
No for the main rebate. The 0% loan and some partner programs have income limits.
Can I stack utility rebates and the city rebate?
They are separate programs. The city says its partner path gives the same funding as applying through the city, and each utility has its own rules, so ask each in writing.
Which companies serve my home?
Look at your bills. The city's landlord program names CenterPoint gas customers, and Xcel's Home Energy Squad serves Xcel electric customers with gas from Xcel or CenterPoint.
What to do next
Pick one project to start. For comfort and bills, most people begin with insulation and then add a heat pump. For small wins, see Minnesota smart thermostat rebates.
By Sam Menard. Sources, last read October 6, 2026: City of Minneapolis Green Cost Share, City of Minneapolis residential funding partners, Xcel Energy Minnesota home rebates, CenterPoint Energy Minnesota efficiency programs, ACS housing facts (Census Bureau). All Minneapolis rebates → Every Xcel Energy Minnesota rebate →