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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A new furnace for a Minnetonka home costs $4,500–$9,500 installed with us, with 96–98% condensing models around $6,500–$9,500. Minnetonka's walkouts and split-levels usually make PVC side-wall venting straightforward. Gas comes from CenterPoint Energy, whose heating system rebates cover qualifying models, and your quote is written and flat-rate.
Minnetonka's walkouts and split-levels make the physical swap fairly easy: the furnace sits on a lower level with an outside wall close by, so a 96–98% furnace can vent through PVC on a short run. The planning goes into where that vent comes out. On a sloped lot, the termination has to clear deck boards, grade and the snow that slides off roofs and drifts against the downhill side of the house. The 1950s ramblers are more likely to have a chimney shared with the water heater, which then needs a liner or a different venting plan.
Long floor plans matter for sizing too. A Manual J shows the actual heat loss, and in these homes the comfort fix is usually duct balancing rather than a bigger furnace. CenterPoint Energy supplies Minnetonka's gas, and its heating system rebates apply to qualifying high-efficiency furnaces. If you run a generator during outages, tell us, since modern control boards prefer clean power. The mechanical permit is included.
Updated September 23, 2026
An installed furnace from us runs about $4,500–$9,500 in Minnetonka: 80% AFUE roughly $4,500–$6,000, 96–98% AFUE roughly $6,500–$9,500. Same prices in Minnetonka as in every town we serve. See the furnace replacement cost guide.
On the gas side, CenterPoint Energy has rebates for high-efficiency furnaces, boilers and thermostats, and you can use the heating dealer of your choice. CenterPoint's ducted air-source heat pump rebate applies only when the heat pump is paired with a gas furnace as a dual-fuel system. Xcel Energy covers the electric side, with rebates for heat pumps, mini-splits and central AC; some require an Xcel-registered contractor, so ask about that before you pick equipment. 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.
Usually through the nearest lower-level wall, since condensing furnaces vent through PVC that can run horizontally. The spot has to meet the manufacturer's clearances from windows, doors, the gas meter and the air conditioner, and sit high enough that snow won't bury it. The downhill side of a walkout often has room to spare. Under a deck is a poor choice, because exhaust vapor collects there and ices the boards.
In a spread-out house, often yes. A variable-speed (ECM) blower can run at low speed for long stretches, keeping air moving to the far rooms between heating cycles and evening out temperatures. It also draws less electricity at low speed than older single-speed motors. HomeGuide notes that most furnaces built today already use ECM motors, so the real question is setting the fan up properly for your floor plan.
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 guideFurnace quit in a cold snap? How to tell if the PVC intake or exhaust is iced or drifted shut, clear it without cracking the pipe, and keep it from recurring.
Read the guideFurnace brands for a Minnesota winter by tier: Carrier, Trane, Lennox, Rheem, Goodman and Amana lines, plus what matters more at -20°F than the badge.
Read the guideFurnace replacement in Minnetonka? Call or send a request.