Xcel Energy Income-Qualified Rebates (Colorado HEAR Program)

About This Program

The federally-funded Home Electrification and Appliance Rebate (HEAR) program provides point-of-sale rebates to households at or below 150% AMI, with maximum benefits for households at or below 80% AMI. Rebates include up to $8,000 for cold-climate heat pumps, $1,750 for heat pump water heaters, $4,000 for electrical panel upgrades, and $840 for electric stoves. Moderate-income households (80-150% AMI) qualify for up to 50% cost coverage.

At ≤80% AMI, up to $14,000 total rebates. At 80-150% AMI, up to 50% of project cost. Applied at point of sale.

Key Details

• Households at or below 80% AMI: up to $14,000 total rebates
• Households 80-150% AMI: up to 50% of qualifying project cost
• Heat pump: up to $8,000; water heater: $1,750; panel: $4,000
• Applied at point of sale, no waiting for reimbursement
• Call Colorado Energy Office Help Center: 866-336-0016

How to Apply

Deadline: Rolling while IRA funds available