Save Up to $2,500 with Xcel Energy’s Electrical Panel Upgrade Rebate in the Twin Cities

Upgrading your home’s electrical panel is now more affordable than ever thanks to Xcel Energy’s rebate program offering up to $2,500 for qualifying homeowners in the Twin Cities metro area. This rebate helps offset the cost of installing a new, higher-capacity electrical panel, making your home safer and more energy-efficient.

If your home has an outdated electrical panel or limited amperage, now is the perfect time to upgrade with the help of Finch Home Solutions, a trusted Twin Cities electrician specializing in electrical panel upgrades and repairs.

Why Upgrade Your Electrical Panel?

Many older homes in Minneapolis and St. Paul still have 60-amp or 100-amp panels, which may not be enough for modern appliances, electric vehicle (EV) chargers, or home additions. Upgrading to 200 amps or more improves safety, prevents overloads, and future-proofs your electrical system.

With Xcel Energy’s rebate, you can reduce the cost of upgrading your panel by up to $2,500, making it a smart investment.

Who Qualifies for Xcel Energy’s Panel Upgrade Rebate?

Homeowners must meet the following requirements to be eligible for the Xcel Energy panel upgrade rebate:

✅ Be an Xcel Energy electricity customer in the Twin Cities metro area.
✅ Upgrade an existing panel to a higher amperage (e.g., upgrading from 100 amps to 200 amps).
✅ Hire a licensed electrician (DIY installations or unlicensed work do NOT qualify).
✅ Complete the upgrade before applying for the rebate.
✅ Live in a single-family home or small multi-unit residence (typically up to four units).

If you meet these qualifications, you’re likely eligible for a rebate of up to $1,500 from Xcel Energy, and in some cases, an additional $1,000 from the City of Minneapolis, bringing the total rebate to $2,500.

What Types of Electrical Panel Upgrades Qualify?

To receive the rebate, your panel upgrade must meet Xcel Energy’s criteria:

✔ Increasing Amperage: You must upgrade to a higher amperage panel (e.g., going from 100 amps to 200 amps).
❌ Panel Replacements Don’t Count: If you replace a 100-amp panel with another 100-amp panel, you won’t qualify.
✔ Main Service Panel Only: The rebate applies to upgrading your home’s main electrical panel, not a sub-panel.
✔ Code-Compliant Installation: Work must be completed by a licensed electrician and pass an inspection.

If you’re unsure whether your panel qualifies, Finch Home Solutions can help you determine eligibility and ensure you get the maximum rebate available.

How Much Can You Save?

• Xcel Energy Rebate: Up to $1,500
• City of Minneapolis Bonus Rebate: Up to $1,000
• Total Potential Savings: $2,500

These rebates significantly reduce the cost of an electrical panel upgrade, which typically ranges from $2,000 to $4,500 depending on your home’s electrical needs.

How to Apply for the Xcel Energy Electrical Panel Rebate

Once your panel upgrade is complete, follow these steps to claim your rebate:

1. Schedule an Upgrade with a Licensed Electrician – Work must be done by a professional like Finch Home Solutions.
2. Get an Invoice & Documentation – Keep records of the panel upgrade, including the paid invoice and permit approval.
3. Submit Your Rebate Application – Fill out Xcel Energy’s rebate form and submit it along with your documentation.
4. Receive Your Rebate – Xcel typically processes rebates within 6-8 weeks via check or bill credit.

💡 Pro Tip: If you live in Minneapolis, apply for the bonus $1,000 rebate after you receive the Xcel rebate to maximize your savings.

Why Choose Finch Home Solutions for Your Electrical Panel Upgrade?

At Finch Home Solutions, we specialize in electrical panel upgrades and repairs across the Twin Cities. Here’s why homeowners trust us:

✔ Licensed & Insured – Ensures your upgrade meets all Xcel rebate requirements.
✔ Xcel Energy Rebate Experts – We help you navigate the rebate process and maximize your savings.
✔ Fast, Reliable Service – Most panel upgrades are completed in one day with minimal downtime.
✔ Honest Pricing & Upfront Quotes – No hidden fees—just high-quality work at a fair price.

🔧 Need an expert electrician for your panel upgrade? Contact Finch Home Solutions today for a free consultation!

Act Now – Rebates May Be Limited!

Xcel Energy’s $2,500 electrical panel upgrade rebate is a limited-time offer, and funds may run out. If you’ve been considering an upgrade, now is the time to act before incentives disappear.

🚀 Get started today! Schedule a consultation with Finch Home Solutions and take advantage of these huge savings while they last.