Xcel Energy Cold Climate Heat Pump Rebate

Xcel Energy Colorado offers rebates for qualifying cold-climate heat pumps. The rebate varies with qualifying equipment and is capped at the installation cost. Confirm the amount for your project before purchasing equipment.

Who may qualify

  • Residential customers with Xcel Energy electric service and/or natural gas service in Colorado may qualify.
  • Account and equipment requirements are confirmed by Xcel Energy. Additional income-qualified support may be available.
  • Installation must be completed and invoiced by December 31, 2026. Applications are accepted through September 30, 2027.

How it Works

  1. Check your Xcel account and equipment eligibility with Xcel before choosing equipment.
  2. Work with an Xcel Trade Partner Network contractor to select qualifying equipment and help with the application.
  3. Complete installation and receive the invoice by December 31, 2026, then submit the application by September 30, 2027.

Official program information: Xcel Energy Colorado heat pump rebates

Find Rebates for Your Home Upgrade

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