Rebates · updated Nov. 10, 2026

Rebates, filed for you.

We work these programs every week and do the paperwork. Your written quote shows exactly what you qualify for, and our price match uses your price after rebates.

Xcel Energy: $1,500 per heating ton

Xcel pays per ton of heating capacity on qualifying heat pumps, and has rebates for heat pump water heaters too. Your quote shows the exact figure for your system.

Who qualifies: Xcel Energy electric customers in Colorado, with qualifying equipment installed by a registered trade partner.

Checked Nov. 10, 2026

How we handle itWe size the system, register the equipment and file the rebate for you.

Power Ahead Colorado: up to $1,500

Per qualifying cold-climate heat pump system, including dual-fuel setups.

Who qualifies: Existing homes in participating Denver-metro (DRCOG) cities and counties. Not for new construction.

We're a Power Ahead Colorado participating contractor.

Checked Nov. 6, 2026 · Program details

How we handle itWe submit it before the work starts, so it has to be planned up front. It can be combined with Xcel rebates.

Colorado heat pump tax credit

The state gives registered contractors a $1,000 credit for each air-source heat pump ($2,000 for ground-source, $250 for a heat pump water heater), and at least a third of it must come off your price. It shows on your invoice as the "State of Colorado Heat Pump Discount."

Who qualifies: Energy Star heat pumps installed by a state-registered contractor.

Checked Nov. 6, 2026 · Program details

How we handle itNo paperwork for you. We claim the credit and take the discount off your invoice.

How it works with us

The bottom line: hire a participating contractor, install a qualifying heat pump, and the contractor takes care of the rebate paperwork. You don't need to fill out confusing forms or mail anything yourself.

Choose a participating contractor and a qualifying system. Ask the contractor to confirm their Xcel registration and rebate eligibility, and get a quote that shows the expected rebate amount. We're in Xcel's Trade Partner Network, and your written quote shows your rebates.
Install the equipment. Your contractor handles proper installation, permits, and disposal of the replaced system.
The contractor submits the rebate application. They collect all documentation (equipment specs, serial numbers, your Xcel account info) and submit it. Homeowners typically can't apply directly.
Rebate payment and timing. The usual approach is that you pay the full cost, then wait 6–8 weeks or more for the rebate check. Your written quote spells out which savings come off up front and which are paid to you later.

Xcel eligibility and requirements

You're an Xcel Energy customer: Electric or gas service.
The property is 1–4 unit residential: Single-family, duplex, triplex or four-plex.
A qualifying high-efficiency heat pump: It must meet Xcel's efficiency and performance thresholds (SEER2, EER2, HSPF2, and for cold-climate models, COP at 5°F). That's one reason we run a Manual J calculation.
An Xcel-registered contractor: The contractor documents the equipment specs and serial numbers and installs to Xcel's quality standards.

Tax credit rules change. Check with your tax advisor about your own situation.

Can they be combined? Often, yes. Xcel rebates, Power Ahead Colorado and the state tax credit can usually stack on the same heat pump. Rules and amounts change during the year, so we confirm your exact total in your written quote.

Find out what you qualify for.

Get a quoteFree. We'll get back to you within 24 hours. Get a 2nd opinionDid your quote include rebates?