Xcel Energy Heat Pump Rebate

Xcel Energy Colorado

Available Energy Assistance

About This Program

Xcel Energy provides enhanced rebates for electric heat pump installations, including air-source and ductless mini-split systems. Rebates range from $500 to $2,500 depending on system type and efficiency rating.

Rebate varies by heat pump type and HSPF rating

Official program page checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Rebate up to $2,500 for heat pump systems
  • Available to all Xcel Energy customers
  • Includes air-source and mini-split systems
  • Must use participating contractor
  • No income requirement

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 895-4999

A grant-savvy contractor in Commerce City, CO can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Commerce City early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Xcel Energy pays a rebate when you install a qualifying high efficiency electric heat pump, and the rebate amount depends on the equipment and your state (the largest programs are in Colorado and Minnesota). You apply through Xcel Energy's online Digital Application portal (your contractor can also submit it for you), and Xcel pays you by check or your contractor applies the credit to your invoice.

Steps to apply

  1. Confirm your new heat pump qualifies for an Xcel Energy rebate in your state and keep the paid contractor invoice plus the equipment specification sheet or AHRI certificate.
  2. Go to xcelenergy.com/digital_application and start the Digital Application (about six sections, roughly 14 minutes).
  3. Enter your Xcel Energy account information and the installed equipment details.
  4. Attach your paid invoice and the equipment specification documents, then submit online.
  5. Check the box to have a copy emailed to you, since the print and download option is no longer offered, and wait for the rebate check or invoice credit.
Get the official form

Documents you will likely need

  • Xcel Energy account number
  • Paid contractor invoice showing the installed heat pump and total cost
  • Equipment specification sheet or AHRI certificate showing model and efficiency rating
  • Installation date and installer or contractor information
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing, must be installed by participating contractor

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