Start Saving on Heating and Cooling Costs

Affordable Insulation can help lower your utility bills, make your home more comfortable, and help you get a rebate from your energy company. We are a rebate eligible installer for Centerpoint, Xcel Energy, and MN Energy Resources.

In addition, the IRS now offers an energy tax credit on eligible upgrades.

Rebates are constantly changing! We recommend having an Affordable Insulation rep review and go over any additional rebates you may receive.

IRS Rebates for Home Insulation Upgrades (2023-2033)

• • What’s Covered: Costs for energy-efficient improvements, residential energy property expenses, and home energy audits.

• Annual Credit Limits:

• • Up to $1,200 for energy property and certain home improvements (specific limits for doors, windows, and audits).
  • Up to $2,000 for qualified heat pumps, biomass stoves, or boilers.

 

CenterPoint Energy offers rebates for residential air sealing and insulation upgrades. See below for details on rebate eligibility:

• Attic Air Sealing: Rebate of $750; $1,300 for both sealing and qualifying attic insulation. No rebate for attic-only upgrades.
• Wall Insulation: Rebate of $1,500. No rebate for attic-insulation-only or rim-joist-insulation-only projects.
• Rim Joist Insulation: Rebate of $200.

MN Energy Resources also provides rebates if you upgrade your air sealing and insulation in your home completed by an Authorized Insulation Contractor. The rebates provided by Minnesota Energy Resources help customers with natural gas heating improve the sealing and insulation in an existing home. New homes built within the last two years and homes that participated in the Home Energy Excellence program are not eligible. See below for rebate eligibility:

• Sidewall Insulation: $750 rebate (R-13 minimum, no prior insulation).
• Foundation/Rim Joist Insulation: $425 rebate (R-14 foundation, R-20 rim joist, must use spray foam).
• Rim Joist Insulation: $125 rebate (R-20 minimum, ≥ 50 linear feet).
• Floor Above Unconditioned Space and Cantilevers: $200 rebate (R-30 minimum, ≥ 100 square feet).
• Air Sealing Only: $300 rebate (must exceed 25% reduction).
• Air Sealing and Attic Insulation: $650 rebate (25% reduction; R-49 minimum).

Xcel Energy provides rebates and you are eligible if you’re a Minnesota residential customer living in an existing single-family home or in a multi-unit home up to four units. The insulation must be professionally installed by a BPI Certified Contractor. The primary heating fuel is supplied by Xcel Energy. Details of the rebate eligibility:

-Attic insulation and bypass sealing where existing insulation:
-Must have a pre R-value of 20 or less and
-Must have a post R-value of 44 or greater
-If existing is R-21 or greater, must add at least R-25 of additional insulation
-Wall insulation
-Must have empty wall cavity
-Must have post R-value of 12 or more
-Air sealing and weather stripping

Xcel Energy Benefits of Rebates:

• General Rebates: For customers using Xcel Energy for heating.
  • Air Sealing: 40% of cost up to $600.
  • Attic Insulation: 40% of cost up to $1,200.
  • Wall Insulation: 40% of cost up to $1,200.
• Cooling Only Customers: For Xcel Energy electricity users with central air-conditioning.
  • Air Sealing: 40% of cost up to $45.
  • Attic Insulation: 40% of cost up to $120.
  • Wall Insulation: 40% of cost up to $75.

-Monthly energy savings on heating and cooling costs
-Improved comfort in your home during cooling or heating season