Is Electrification Worth It in Minnesota?
Minnesota winters are the final boss for heat pumps.
-20°F is normal in January. You'll hit 8,000+ heating degree days in Minneapolis, more up north. Natural gas costs $1.15/therm. Electricity runs $0.13/kWh. This is exactly the scenario where 10 years ago I would have said "just get a gas furnace." But cold-climate heat pumps have gotten really, really good.
You need a true cold-climate model—Mitsubishi Hyper-Heat, Bosch IDS, or equivalent. Installed correctly with proper sizing and backup heat integration, these systems work down to -15°F before supplemental heat kicks in. If you're heating with propane or oil, the savings are massive ($1,500+ per year). With gas, it's marginal—but the air quality and climate benefits might tip the scale.
Minnesota Energy Costs
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Return on Investment by Upgrade
Heat Pump HVAC
Solar Panels
Heat Pump Water Heater
EV Charger + Electric Vehicle
Full Electrification Package
Best ROI for Minnesota
Based on your state's energy costs and climate, EV Charger offers the best return on investment with an average payback of 0.3 years and an ROI of 1440%.
0.0 years slower than average compared to the national average.
Ready to electrify your Minnesota home?
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