Purchasing a new piece of equipment for your home is a big decision. Factors like your current home’s structure, including its ductwork or venting, as well as your own lifestyle and budget will all play a role in your decision. When it comes to electrification, you may also want to consider the upfront and operation costs, the equipment lifespan, and more. Choose your technology below to learn more about several deciding factors.
Please note: The data in this article is based on recent prices for an average 2,000 square foot home in Minnesota. These price ranges are estimates. The best way to get an accurate estimate for your home is to get quotes from contractors or retailers.
Use the links below to find the costs of specific technologies.
Cooking
Electrifying your cooking removes a common source of air pollution and danger from your home. By upgrading, you can reduce your home’s carbon emissions while making it healthier and safer. No matter what type of stove you use, you should always use ventilation when cooking. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
|
Upfront Costs |
Efficiency |
Safety |
Cooking Power |
Cookware Compatibility |
|
|---|---|---|---|---|---|
| Induction Range | $1,000–$4,000 | 85% efficient | Cooktop is not directly heated and is fast to cool | Fast | Most steel and cast iron |
| Electric Range | $500–$3,000 | 75% efficient | Cooktop gets hot and is slow to cool | Slow | Any |
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For Comparison |
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| Traditional Gas Range | $500–$3,000 | 40% efficient | Cooktop gets hot and is slow to cool | Average | Any |
Clothes Drying
Switching to an electric clothes dryer will remove a gas-burning appliance from your home, improving its carbon footprint. Different electric clothes dryers are available, each with its own benefits. Whether you want to prioritize drying time or the treatment of your clothes, there’s an electric clothes dryer that will work for you. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
| Upfront Costs | Per Load Operating Costs | Equipment Lifespan | Drying Time | Venting to the Outside | Treatment of Clothes | |
|---|---|---|---|---|---|---|
| Heat Pump Dryer | $1,000–$1,700 | $0.25 | 20 years | Slower | No vent needed | Gentler |
| Electric Resistance Dryer | $600–$1,400 | $0.50 | 10–15 years | Faster | Vent required | Less gentle |
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For Comparison |
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| Gas-Fired Dryer | $600–$1,400 | $0.40 | 10–15 years | Faster | Vent required | Less gentle |
Heating and Cooling Systems
Heating accounts for over 70% of the annual energy use of a typical Minnesota home, so switching to a high-efficiency electric heating system can significantly reduce your home’s carbon emissions while keeping you comfortable all year round. Several of the electric heating options below also include the option for cooling, making them a two-in-one solution to temperature control in your home. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
|
Upfront Cost with Installation |
Annual Operation Costs |
Relative Lifetime Carbon Emissions |
Equipment Lifespan |
Heat Type |
Cooling |
|
|---|---|---|---|---|---|---|
|
Top Recommendations |
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| Air Source Heat Pump with Gas Backup (35°F Switchover) | $12,000–$24,000 | $900 | Medium | 15–20 years | Forced air | Included |
| Air Source Heat Pump with Electric Resistance Backup | $12,000–$24,000 | $1,500 | Low | 15–20 years | Forced air | Included |
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Other Recommendations |
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| Ground Source Heat Pump | $30,000–$60,000 | $750 | Lowest | 15–20 years for the heat pump; 25–50 years for the underground loops | Forced air or radiant heating | Included |
| Air-to-Water Heat Pump | $15,000–$50,000 | $1,500 | Low | 15–20 years | Forced air or radiant heating | May be included in some configurations |
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For Comparison |
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| High-Efficiency Gas Furnace | $4,000–$10,000 | $900 | High | 15–20 years | Forced air | No |
| Standard Efficiency Gas Boiler | $4,000–$10,000 | $1,000 | Highest | 20–25 years | Radiant heating | No |
| Electric Boiler | $2,000–$6,000 | $3,000 | Medium-high | 20–25 years | Forced air or radiant heating | No |
Water Heating
The average water heater uses more energy than refrigeration, clothes washing and drying, and dishwashing combined. Making the switch to a heat pump water heater (HPWH) is the most energy efficient way to heat your home’s water while saving money and reducing your home’s carbon footprint. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
| Upfront Cost with Installation | Annual Operation Costs | |
|---|---|---|
| Heat Pump Water Heater | $4,000–$7,000 | $120–$250 |
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For Comparison |
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| Gas-Fired Water Heater | $1,000–$3,500 | $120–$250 |
| Electric Resistance Water Heater | $1,000–$3,500 | $300–$550 |
Weatherization
Weatherization is not technically an electrification project, but proper insulation, air sealing, and ventilation will ensure lower carbon emissions, lower energy bills, and more comfort throughout the year. When you weatherize, you make sure your other technologies perform at their best. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
| Upfront Cost with Installation | Estimated Annual Energy Bill Savings | Available Rebates | |
|---|---|---|---|
| Attic Insulation and Air Sealing | $3,500–$7,000 | $200–$400 | $1,500 |
| Wall Insulation and Air Sealing | $3,500–$7,000 | $150–$300 | $1,300 |
Ventilation
As you weatherize your home, it’s important to work with a professional to make sure you maintain proper ventilation. Ventilation will ensure a good flow of fresh air while reducing moisture and indoor air pollutants in the home. Working with a professional is the best way to ensure your home is ventilated well for your needs. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
| Upfront Cost | Recovers Heat Energy? | Balances Moisture? | |
|---|---|---|---|
| Continuous Ventilation Fan | $1,400–$1,500 | No | No |
| Heat Recovery Ventilator (HRV) | $4,000–$5,000 | Yes | No |
| Energy Recovery Ventilator (ERV) | $4,000–$5,000 | Yes | Yes |
Windows
Typically, window replacement is a costly project that does not typically address the main causes of heat loss. If you’re considering a window project, we recommend having at least two panes of glass per window. This can be achieved by adding storm windows to single-pane windows or installing double- or triple-pane windows as needed. Visit our incentives page to find rebates and tax credits to bring down the upfront costs.
| Upfront Cost with Installation | Estimated Annual Energy Bill Savings | |
|---|---|---|
| Storm Windows Added to Single-Pane Windows | $200–$450 per window | $140 if installed on all windows |
| Double-Pane Windows | $250–$2,000 per window | $190 if all windows are double pane |
| Triple-Pane Windows | $350–$2,500 per window | $240 if all windows are triple pane |
Additional Details on Each Technology
Each piece of electrification technology listed here has unique features and benefits, which we cover in more depth in our Electrification Guide. For more details on the electrification upgrades we recommend, the features to consider in making your upgrade, and more, visit the guide and find the technology you’d like to explore.
Make Informed Electrification Decisions
Electrification can be a big undertaking, especially if you’re replacing larger pieces of technology. By getting a better sense of the costs and benefits of each electric solution, you can make more informed decisions on the technologies you install. If you live in Hennepin County or Rochester and have questions about your electrification options, you can speak to an Electrify Everything Advisor for more one-on-one guidance. If you live outside that area, we recommend speaking to a trusted contractor to discuss costs and opportunities for your home.