Minneapolis Insulation Financing & Rebate Programs
Minneapolis homeowners, exciting opportunities await to enhance your home’s insulation affordably! Explore a range of rebate and financing options below, tailored to improve your home’s energy efficiency and comfort. Embrace these offers and make a smart move towards a cozier, more energy-efficient living space.
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Current Rebate Programs
IRS Rebates for Home Insulation Upgrades (2023-2033)
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- What’s Covered: Costs for energy-efficient improvements, residential energy property expenses, and home energy audits.
- Annual Credit Limits:
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- 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 Insulation Rebate Program
- 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.
Xcel Insulation Rebate Program
- 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.
MN Energy Resources Rebate
- 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).
Financing Options
With a slogan like “It’s that Easy™,” you better believe we have done our homework when it comes to financing and how to make that easy as well. Snap Construction has a strategic alliance with major companies like Center for Energy and the Environment and a few local partners with state sponsored programs. All of these programs offer different options that are both secured and unsecured with financing up to 20 years.
Minneapolis Preferred Contractor Financing Options
Smart Loans with no pre-payment penalty for those that want to enjoy now and payoff later!
With the Center for Energy and the Environment financing and loan options, your next home project is easier than you think!
The CEE has a few different loan programs. Visit their website for more information. Call for additional information and current rates 612-335-5884.
Unsecured Loan Program
All loans have different qualifications and terms. For more information contact Snap and the CEE today! You can also read on to learn about new IRS rebates for home insulation upgrades.
0% No Payment 18-Month Financing
We are excited to share that we now offer zero percent financing!
Note: We do not discount insurance restoration work. There are strict state sponsored guidelines related to all insurance restoration work. For more information please call or email us at contact@snapconstruction.com