Xcel Energy Heat Pump Rebate

Xcel Energy Colorado

Available Weatherization

About This Program

Electric rebate for qualifying air-source and ground-source heat pump installations that replace electric resistance or fossil fuel heating systems. Rebate amount varies by system efficiency and type.

Rebate based on heat pump type and efficiency rating

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

Key Details

  • Rebate up to $2,500 for heat pump installation
  • Available to all Xcel Energy electric customers
  • Air-source and ground-source systems eligible
  • Higher rebates for ENERGY STAR models
  • Can combine with federal tax credits

How to Apply

A grant-savvy contractor in Greenwood Village, 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 Greenwood Village 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.

Deadline: Ongoing while funds available

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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