Heat Pump Installation Cost in Minnesota (2026)
A ducted heat pump installed by us in Minnesota costs $7,500–$14,500; ductless runs $4,200–$12,500. See what moves the price and which rebates still run.
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A heat pump installed in St. Anthony costs $7,500–$14,500, quoted in writing, on CenterPoint Energy gas and Xcel Energy electricity. The usual plan in these 1946–1965 ramblers and split-levels is dual fuel: a heat pump added to a CenterPoint gas furnace, with the return ducts checked first.
St. Anthony's single-family houses were mostly built in one burst after 1946, so they share a set of habits. The furnace sits in a full basement, central air was added to ducts laid out for heat, and the return ducts are often too small for cooling. A heat pump moves the same air as an air conditioner, so undersized returns limit it.
Because CenterPoint supplies gas here, the dual-fuel setup is the natural one: a cold-climate heat pump handles the mild and warm months and the gas furnace takes over in deep cold. CenterPoint's ducted heat pump rebate only covers a heat pump paired with a gas furnace, so that arrangement fits the rebate as well.
If the furnace is an older model sharing a chimney with the water heater, replacing it adds venting work, and that belongs in the same quote.
Updated November 10, 2026
Our $7,500–$14,500 installed price comes as a written flat-rate quote, with a 2-year labor warranty on top of the manufacturer's parts warranty. The 1946 to 1965 houses' undersized returns often need enlarging so the heat pump moves enough air, and CenterPoint gas keeps the dual-fuel setup simple. See the heat pump cost guide.
CenterPoint rebates high-efficiency furnaces and boilers whichever dealer installs them, and its ducted heat pump rebate only covers a heat pump teamed with a gas furnace. Some of Xcel's AC and heat pump rebates require a registered contractor, so check before you sign. Rebate programs change every year, so check the utility's current terms before you buy.
Our guides: Xcel and CenterPoint rebates, heat pump rebates.
Symptom guides: Blowing cold air · Running constantly · Defrost cycle · Signs a heat pump makes sense for your house
If the furnace is near the end of its life, doing both together is usually cheaper than two separate visits, because the coil, venting, panel work and permit overlap. If the furnace is in good shape, we can add the heat pump alone. We quote both ways in writing so you can compare.
They limit it. A heat pump needs steady airflow, and a small return makes the system noisy and less efficient. The fix is usually a larger return or a second one, which we price in the quote. We measure airflow before recommending equipment, not after, so the return work is not a surprise.
A ducted heat pump installed by us in Minnesota costs $7,500–$14,500; ductless runs $4,200–$12,500. See what moves the price and which rebates still run.
Read the guideFor most Minnesota gas homes, dual fuel beats picking one. We install heat pumps for $7,500–$14,500 and furnaces for $4,500–$9,500; see costs and cold limits.
Read the guideHeat out? AC quit? Call or send a request.