Minneapolis-St. Paul-Bloomington Metro Guide · Last verified Apr 12, 2026

Minneapolis-St. Paul-Bloomington Homeowner Rebates & Credits

4 local programs from county, city, utility, and regional sources for Minneapolis-St. Paul-Bloomington area homeowners. 4 currently open and accepting applications.

What local programs are available in Minneapolis-St. Paul-Bloomington?

These are county, city, utility, and regional programs specific to the Minneapolis-St. Paul-Bloomington metropolitan area. They're in addition to Minnesota's statewide programs and federal credits that all homeowners can access.

ProgramAdministratorValueStatusSource
Minneapolis Bonus Rebate ProgramCity of MinneapolisUp to $14,000OpenOfficial
Minnesota Homestead Market Value ExclusionHennepin County AssessorUp to $517OpenOfficial
CenterPoint Energy MN Residential RebatesCenterPoint Energy MinnesotaUp to $1,300OpenOfficial
Xcel Energy Minnesota Residential RebatesXcel EnergyUp to $5,000OpenOfficial

County Programs

(1 program)

Minnesota Homestead Market Value Exclusion

Hennepin County Assessor

Up to $517
Open

Up to $38,000 reduction in taxable market value for owner-occupied primary residences. For homes valued at $95,000 or less, exclusion is 40% of market value. Phases out for homes over $517,200.

Must be MN resident; own property in personal name; occupy year-round as primary residence; must have SSN or ITIN

Apply by Dec 31

Program page →Apply →Verified Apr 12, 2026

City Programs

(1 program)

Minneapolis Bonus Rebate Program

City of Minneapolis

Up to $14,000
Open

Supplemental city rebates on top of utility rebates for energy efficiency improvements in 1-4 unit residential properties. Covers insulation, air sealing, HVAC upgrades. Must pair with CenterPoint or Xcel utility rebate.

Must be 1-4 unit owner-occupied or absentee-owned property in Minneapolis; must qualify for utility rebate from CenterPoint or Xcel; work by licensed contractor

First-come first-served; funds available for projects completed after Dec 15, 2025

Program page →Verified Apr 12, 2026

Utility Rebates

(2 programs)

CenterPoint Energy MN Residential Rebates

CenterPoint Energy Minnesota

Up to $1,300
Open

Rebates for natural gas efficiency: $1,300 for attic air sealing + insulation, $750 for air sealing alone, plus rebates for high-efficiency furnaces, water heaters, and thermostats.

Must be CenterPoint Energy MN residential natural gas customer; equipment must be new and ENERGY STAR or AHRI listed

Applications due by Dec 31, 2026

Program page →Verified Apr 12, 2026

Xcel Energy Minnesota Residential Rebates

Xcel Energy

Up to $5,000
Open

Heat pump and HVAC rebates plus $600 bonus for insulation/air sealing followed by heat pump within two years.

Must be an Xcel Energy residential customer in Minnesota.

Program page →Verified Apr 12, 2026

Free rebate alerts

We monitor HOMES and HEAR program status in all 50 states. When a program opens or a waitlist moves, you'll be the first to know.

No spam. Just alerts when programs change in your state.

How much could you save in Minneapolis-St. Paul-Bloomington?

These 4 local programs are on top of federal credits and Minnesota state rebates. Take the free quiz to see your personalized total.

Start the quiz