Furnace Replacement Cost in Minnesota (2026)
A new furnace installed in Minnesota runs $4,500–$9,500 with us: 80% vs 96–98% AFUE prices, what moves a quote, and rebates now that 25C has ended.
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In Becker, a replacement furnace costs $4,500–$9,500 installed with us: roughly $4,500–$6,000 for 80% AFUE, $6,500–$9,500 for 96–98%. City homes buy both gas and electricity from Xcel Energy, so one utility sets the furnace and heat pump rebate rules, and some of those need a registered contractor.
The first wave of Becker furnaces, installed as the town grew through the 1990s, is reaching the end now. Some of those houses went up with 80% furnaces sharing a metal vent with the water heater. Moving to a 96% furnace means PVC venting, a condensate drain to the floor drain, and a new plan for the water heater, which may need a liner, a resized vent or its own power vent. Houses from the late 1990s and 2000s usually have a condensing furnace already, so the PVC is in place and the swap is cleaner.
Since city homes are on Xcel Energy for both fuels, one utility sets the rules for a furnace rebate and for a heat pump. Xcel's heating equipment rebate page points customers to participating contractors, so check that requirement before you pick an installer. Out in Becker Township, CenterPoint Energy also serves gas, and its rebates let you use the dealer of your choice.
Updated September 23, 2026
An installed furnace from us runs about $4,500–$9,500 in Becker: 80% AFUE roughly $4,500–$6,000, 96–98% AFUE roughly $6,500–$9,500. Same prices in Becker as in every town we serve. See the furnace replacement cost guide.
Inside the city, Xcel Energy supplies both gas and electricity, so furnace, heat pump and central AC rebates all run through Xcel. The gas furnace rebate points to a participating contractor, and the ducted heat pump rebates call for a Trade Partner Network contractor, so ask before you buy. Xcel's AC Rewards program pays an annual reward for a connected smart thermostat, and Saver's Switch is open to central air customers. Outside the city, CenterPoint Energy also serves Becker Township for gas, so check your bill. Rebate programs change every year, so check the utility's current terms before you buy.
Our guides: Xcel and CenterPoint rebates, heat pump rebates.

More detail on our furnace installation page.
It's worth pricing. A heat pump pairs with the new furnace, carries the heating on mild and moderate days, and hands off to gas when it gets cold. Xcel Energy offers heat pump rebates through its Trade Partner Network contractors, and it has a reduced space-heating rate for customers who heat mainly with a heat pump; ask whether a dual-fuel setup qualifies. A heat pump from us runs $7,500–$14,500 installed.
Often less than the one it has. Builders in the 1990s commonly sized furnaces with a rule of thumb and a margin on top, and many of these ramblers have since gained attic insulation and newer windows. We figure the load with a Manual J against Minnesota's winter design temperature instead of reading the old nameplate. An oversized furnace short-cycles, heats unevenly and wears out igniters and inducers sooner.
A new furnace installed in Minnesota runs $4,500–$9,500 with us: 80% vs 96–98% AFUE prices, what moves a quote, and rebates now that 25C has ended.
Read the guideConverting an oil furnace or boiler to gas in Minnesota: typical national costs, getting gas to the house, venting, the oil tank, hot water and rebates.
Read the guideDust, hot plastic, rotten eggs or exhaust: what each furnace smell means, which mean shut it off now, and the basement causes we find in Minneapolis homes.
Read the guideFurnace replacement in Becker? Call or send a request.