2024 Residential Rebates are now closed
The deadline to submit residential rebates for 2024 was Friday, December 13th.
2025 Residential Rebates
Residential Rebates
There is a $5,000 maximum annual rebate per member. All rebates are on a first-come, first-serve basis, so please turn in your paperwork promptly. Please read the details on specific rebate forms, as some products have limits, require Energy Star certification, or other requirements.
For “Ducted” Air Source Heat Pump installations, rebate forms must be completed by the registered QI contractor installing the equipment (ductless equipment does not have the qualified installation requirement). Rebates for high-efficiency air source heat pumps require installation by a “registered contractor” which has been designated as a qualified installer. There are no rebates on central air conditioners. The Cooperative encourages any member replacing their central air conditioner to upgrade to an Energy Star rated air source heat pump.

Energy Star Appliances
- Energy Star Dehumidifier: $25
- Energy Star Electric Clothes Dryer: $25
Recycling
- Old Freezer or Refrigerator: $25
(Proof of recycling required & Limit of 2 per Year)
EV Chargers
- Electric Vehicle Charging Station: Up to $500 (towards installation & equipment) – when enrolling in our Off-Peak Program. Please call our office for more information.
Electric Vehicle Online Estimator
McLeod Co-op Power offers an online estimating tool to help members determine if purchasing an electric vehicle makes financial sense for them. Click here to access the online estimating tool.
Water Heaters
- Heat Pump Water Heater 50 gal minimum capacity $500
- Replacement Electric Water Heater 40-gal. minimum capacity $50
- Electric Storage Water Heating Program: $400
Energy Star Swimming Pool
- Air Source Heat Pump Pool Heater: $400
- Variable Speed Pump: $200
HVAC
- Tune-Up of Central Air or Air Source Heat Pump – $25.00
- Ground Source Heat Pump: $400/ton
- Furnace ECM Blower Motor: $50 (retrofit only, no new construction)
- Electric Thermal Storage (ETS) Space Heating: $50/kW
- Ductless Air Source Heat Pump Systems ≤ 1 ton
- High Efficiency (≥ 14.3 SEER2 & ≥ 7.5 HSPF2): $150.00
- Premium Efficiency Tier (2025 CEE Tier 1 listed): $250.00
- Ductless Air Source Heat Pump Systems >1 ton – 5 tons
- High Efficiency (≥ 14.3 SEER2 & ≥ 7.5 HSPF2): $750.00
- Premium Efficiency Tier (2025 CEE Tier 1 listed): $1,000.00
- Ducted/Hybrid Air Source Heat Pump Systems up to 5 tons
- High Efficiency (≥ 14.3 SEER2 & ≥ 7.5 HSPF2): $750.00
- Premium Efficiency Tier (2025 CEE Tier 1 listed): $1,000.00

*For “Ducted” Air Source Heat Pump installations, rebate forms must be completed by the registered QI contractor installing the equipment (ductless equipment does not have the qualified installation requirement).
**Funds are awarded on a first-come, first-served basis. There is a $5,000 maximum annual rebate per member. Rebate amounts and programs are subject to change without notice due to limited funds being available for this promotion.
Want to learn more about Air Source Heat Pumps?
Here’s a recent article that highlights this increasingly popular heating and cooling option – NPR article from April 2023. The Minnesota ASHP Collaborative also is a great resource for those considering installing an ASHP.
Rebate Forms
- 2025 ENERGY STAR Appliance/Recycle Rebate (PDF)
- 2025 General Heating and Cooling Rebates (PDF)
- 2025 ASHP Qualified Installation Form Rebate (PDF)
- 2025 Pool Pump Rebate (PDF)
- 2025 Water Heater Rebates (PDF)
Electric Vehicle Chargers
McLeod Co-op Power also is currently offering a $500.00 rebate for installing a Level 2 charger on the Co-op’s Storage/Off Peak Program “Chargewise”. The Off Peak Program provides discounted energy pricing for vehicles charging during off-peak times. Additionally, there is an additional promotional incentive through Great River Energy if you order through the Co-op’s online store. The charger must be purchased from our online store and installed on our load management storage control strategy to receive both rebates. Members are encouraged to contact our energy management specialists for more details.
Another program through McLeod Co-op Power for Level 2 off-peak controlled EV’s is the Minnesota REVOLT program. This program is an additional offering that the level 2 chargers on our off-peak metering can sign up for. This is a free enrollment and guarantees that all the energy (up to 10,000 kWh/yr., 50,000 kWh/5yrs) used by the electric vehicle will be produced by “Green Energy”.
- “Chargewise” off-peak enrollment form (PDF) – required for the EV rebates.
- “ReVolt” enrollment form (PDF) – a free program guaranteeing the EV charger will be supplied from a Wind source.
Agricultural, Commercial, and Industrial
Before installation, please contact the cooperative for pre-approval. Applications must be turned in no later than November 15, 2023, and the member is responsible for checking with the cooperative to determine funds are still available. Itemized invoices, rebate applications, and manufacturer equipment specifications will be required. The rebate shall not exceed 50% of the materials or project cost up to $5,000 per member. The cooperative reserves the right to conduct random inspections of installations. For more details see the links below. Contact us for applications.