Minneapolis Bonus Rebate Program

man installing insulation

The City of Minneapolis is offering a bonus rebate on qualifying home energy efficiency improvements.

To qualify, the recipient must NOT be participating in the Low Income Rental Efficiency Program. Work MUST be completed before applying. Funds are available on a FIRST COME, FIRST SERVED basis for projects completed after December 15, 2025.

Apply Now

Supplemental Application

About the Rebate

  • Bonus rebate amount not to exceed:
  • Funds are available on a first come, first served basis for projects completed after December 15, 2025.
  • Minneapolis bonus rebate and utility rebate cannot exceed the total project cost.
  • Only one rebate per eligible project, property owner, and utility account.
  • Project must be completed and all required documentation must be submitted for the application to be considered complete and to receive the bonus rebate.
  • See list of eligible improvements below.
  • Project must qualify for a rebate by CenterPoint Energy or Xcel Energy.
  • Work must be done by a properly licensed or registered contractor with the MN Department of Labor.
  • The rebate will be paid to the utility account holder.

Property Eligibility

  • 1-4 unit, owner-occupied or absentee-owned residential properties located in the City of Minneapolis.
  • Individual townhomes, twin-homes, and condominiums are eligible.
  • Properties held in a Trust are eligible.
  • Properties with more than 4 units, co-operatives, manufactured homes, properties used for commercial purposes, and new construction properties are not eligible.
  • Borrowers may not have participated in the Low-Income Rental Efficiency program.
  • Recipients cannot have received a previous energy efficiency grant, loan, or rebate for the project the rebate is being used for.
  • Funds are available on a first come, first served basis for projects completed after December 15, 2025.
  • Work MUST be completed before applying.

Rebate Details

Below is a summary of the eligible energy efficiency improvements available with this rebate. Funds are available on a first come, first served basis. To qualify for a rebate, the eligible improvements must have been made after December 15, 2025. The table includes the relevant utility (Xcel Energy and CenterPoint Energy) and City of Minneapolis rebates. The total rebate amount from the City and utility cannot exceed the total project costs. Please contact your City inspections department to verify if your project requires a permit.

Eligible ImprovementEnergy Efficiency SpecificationUtility RebateBonus Rebate (Green Zone) up to $20,000Bonus Rebate (Non-Green Zone) up to $6,000
Weatherization
Attic insulation and air sealing≥ R-49 or as much as possible; air sealing required$1,300$3,000$1,300
Wall Insulation≥ R-11 or as much as possible$1,500$3,000$1,500
Triple-pane windowsEnergy STAR Northern Climate v.7 replacing single pane windows$0$1,000$500
Air source heat pumps (ASHPs)
Cold climate
ASHP — Non-ducted (Mini split)
16 SEER2 (9.0 EER2), HSPF2 9.5, COP of at least 1.75 at 5° and capacity ratio ≥ 70% at 5°F/47°F $2,000$5,000$1,000
Cold climate
ASHP — Ducted or mixed ducted
15.2 SEER2 (10 EER2), HSPF2 8.1, COP of at least 1.75 at 5°and capacity ratio ≥ 70% at 5°F/47°F Gas: $1,100
Elec.: $900
$5,000$1,000
ASHP — Non-ducted (Mini split)15.2 SEER2, 9.3 EER2, 8.5 HSPF2Gas: $1,100
Elec.: $500
$4,000$1,000
ASHP — Ducted or mixed ducted15.2 SEER2, 9.6 EER2, 7.8 HSPF2$500$4,000$1,000
Gas heating systems
Furnace≥ 97% AFUE installed with a qualifying ASHP$1,000$2,000$1,000
Furnace96%–96.9% AFUE installed with a qualifying ASHP$400$2,000$1,000
Boiler (Condensing)≥ 95% AFUE installed with a qualifying ASHP$500$2,500$1,000
Boiler (Combination)≥ 95% AFUE installed with a qualifying ASHP $1,000$2,000$1,000
Other
Heat pump water heaters (HPWHs)Energy STAR certified$400$1,500$400
Electric panel upgradesMust increase amperage of existing electric panels if being done with a qualifying ASHP or HPWH$1,500$3,000$800

Terms: 

  • AFUE — Annual Fuel Utilization Efficiency
  • COP — Coefficient of Performance
  • EER2 — Energy Efficiency Ratio 2
  • HSPF2 — Heating Seasonal Performance Factor 2
  • SEER2 — Seasonal Energy Efficiency Rating 2 

Questions?

Contact Janson Hunter or Jordan Bothun below.

 

Hablamos Español: 612-335-5856

The current loan terms and conditions stated, including interest rates, do not constitute a commitment to lend or an offer to enter into an agreement, and that such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4).

Browse More Minneapolis Loans

Browse

woman on phone

Not sure what program works for you? Contact us.