HEAT PUMP REBATES IN DENVER, CO

2 programs serve Denver addresses.

You claim the one that covers your address, not the sum of them. Each card below says what it pays, what the equipment has to hit, and whether it comes off the price at the table or gets filed after the install. Amounts are confirmed for your exact address in your quote.

Serves your address

What a Denver home can claim.

You claim the program that serves your address, not the total. Confirm current terms with each program before counting on an amount.

Colorado Energy Office Heat Pump Incentive

STATEWIDE, COLORADO

Up to $4,000

Colorado Energy Office heat pump incentive: up to $4,000 statewide. Named utility programs stack on top and a homeowner claims the one that serves their address, not the sum. Xcel Energy, Black Hills Energy, Holy Cross Energy, Colorado Springs Utilities, and Tri-State member co-ops each run their own downstream rebates.

SOURCE: energyoffice.colorado.gov

Xcel Energy

YOU FILE THIS AFTER INSTALL

Up to $9,000, based on the size of your system

$2,250 per heating ton for cold-climate ducted or ductless (raised Nov 2025); a typical 3-4 ton system lands about $6,000-$9,000.

Equipment has to hit: Cold-climate ducted or ductless air-source heat pump (ccASHP).
Stacking: Per-ton payout scales with system size; a typical 3-4 ton system lands about $6,000-$9,000.
Limits: Xcel Colorado electric customers. Rate raised to $2,250 per heating ton Nov 2025. One HP rebate per system.

SOURCE: xcelenergy.com

Elsewhere in Colorado

Not available at a Denver address.

Run by utilities that do not serve this market. Shown so you can see the whole Colorado picture, and because a heat pump outlives most moves. Do not budget against these for a Denver home.

Tri-State (Electrify and Save member co-ops)Up to $5,500, depending on the equipment you install

Holy Cross EnergyUp to $3,500

Black Hills EnergyUp to $1,500

Colorado Springs UtilitiesUp to $1,500

How current this is

Colorado program terms verified 2026-07. Programs change their terms, their budgets run out, and some close mid-year. Every amount here is an estimate until it is checked against your exact address and the equipment you actually install, which is what your quote does.

Rebate amounts are estimates and subject to change. Verify current program terms and eligibility before quoting a final net price.
Eligibility varies by income, equipment efficiency, utility territory, and program funding availability.
State and utility programs only. Federal 25C/25D tax credits expired 12/31/2025 and the DOE HEAR/HOMES rebate programs ended 5/29/2026; neither is included.
After-install rebates are claimed by the homeowner after installation and are not guaranteed at the point of sale.

See what you actually net.

A rebate list is not a price. Your quote sizes the system to Denver's real design day and shows the number before and after everything above.

See my price

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