2026 Colorado rebates
Every program. Stacked. Filed for you.
Rebate programs change constantly. This page is current as of May 2026 - and we keep it that way.
Example stack - 3-ton install
Up to $9,250 off, no income test required.
Xcel ($6,750) + Colorado state tax credit ($1,000) + Power Ahead Colorado ($1,500, launching summer 2026)
Xcel Energy Cold-Climate Heat Pump Rebate
Active$2,250 per heating ton
Typical 3-ton system: ~$6,750
Eligibility
- Active Xcel gas customer
- Equipment must hold ≥70% capacity at 5°F with COP ≥1.75
- No income test
Notes
Stack the Whole Home Efficiency Program for a 25% bonus on Xcel rebates if you complete 3+ qualifying upgrades within 2 years.
Program sourceColorado State Heat Pump Tax Credit (HB22-1362)
Active$1,000 air-source · $2,000 ground-source · $250 heat-pump water heater
You see at least $333 off your invoice (mandatory contractor pass-through)
Eligibility
- Any Colorado homeowner
- System must cover ≥80% of annual heating load
- Must use a CEO-registered installing contractor (we are)
Power Ahead Colorado (DRCOG)
Launching Summer 2026$1,500 per cold-climate heat pump install
No income limit · 58 Denver-metro communities
Eligibility
- Property in DRCOG service area (most Denver metro)
- Cold-climate certified heat pump
- Backed by ~$273M through 2030
Boulder County EnergySmart
ActiveUp to $2,000/year or 50% of project cost
2026: income-qualified only (≤100% AMI)
Eligibility
- Boulder County resident
- Income at or below 100% of Area Median Income
The fine print: rebate amounts and eligibility change frequently and vary by equipment, home size, income, and program funding status. The numbers on this page are accurate as of May 2026. Your actual quote will reflect the live programs available at the time of installation.
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