Xcel Energy water heater rebate
Verified 2026-07-06 against Xcel Energy's official program page.
$400 standard; $500 if demand-management enabled (CTA-2045). Apply by September 30 of the year after installation.
Official Xcel Energy source · verified 2026-07-06
What stacks on top for Xcel Energy customers
HEAR's published caps include up to $1,750 for a heat pump water heater for income-qualified households.
Save Energy MN has not launched and its amounts are provisional. HEAR cannot pay retroactively; timing the project matters if your household is income-qualified. Published planned caps for this measure: HEAR up to $1,750.
Get the full stack for your household
The rebate checker combines Xcel Energy's rebates with city matches, state programs, and income-based tiers for your specific situation. Statewide comparison: all Minnesota water heater rebates.
Get a water heater estimate from a contractor who knows the rebates
Free to you — one licensed Minnesota contractor gets your request and quotes the project with the rebate stack applied. Participating contractors pay to receive estimate requests; that never changes your price.
Get one email the day the $14,000 rebates launch
Save Energy Minnesota has no launch date, and starting work early can forfeit the money — HEAR can't pay retroactively, and the state can't guarantee earlier HOMES projects will qualify. We watch the Commerce page so you don't have to — you'll know the day it goes live, with your tier and the official link. We never sell your email.