Heat Pump Cost in Minnesota (2026)

Average installation costs, local electricity rates, and available rebates for Minnesota homeowners.

Avg Install Cost

$8K–$18K

Electricity Rate

15.8¢/kWh

Climate Zones

6, 7

Rebate Programs

0

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We'll use your ZIP code to find local prices, rebates, and climate data.

Minnesota Electricity Rates

Minnesota residents pay 15.8¢ per kWh for electricity. The national average is about 16¢/kWh.

Lower electricity rates improve heat pump economics, reducing your annual operating costs.

Minnesota Heat Pump Costs by City

23 cities covered. Browse local cost data and rebates.