Xcel Energy Heat Pump Rebate Program

Xcel Energy Colorado

Available Energy Assistance

About This Program

Enhanced rebates for air-source and ground-source heat pumps that provide efficient heating and cooling. Higher rebates available for cold-climate heat pumps and heat pump water heaters. Available to Xcel Energy electric customers in Colorado.

Rebate varies based on heat pump type and efficiency specifications

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

Data last verified 2026-06-19. How we verify our data.

Key Details

  • Up to $4,000 for heat pump installation
  • Air-source and ground-source heat pumps eligible
  • Cold-climate models receive higher rebates
  • Heat pump water heaters also eligible
  • Available to all Xcel Energy customers

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 895-4999

A grant-savvy contractor in Federal Heights, 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 Federal Heights 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

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
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 program

Questions about this program?

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