Save Money with an Xcel Energy Heat Pump Rebate in Colorado

If you’re looking for an energy-saving, cost-efficient way to heat and cool your home, cold climate air source heat pumps are hard to beat. Thanks to Xcel Energy rebates in Colorado, it’s now more affordable than ever to add these versatile heat pumps to your home. Taking advantage of Colorado heat pump rebates can reduce your installation costs, with rebates of $2,250 per heating ton – meaning units of 3 tons or more may qualify for even greater savings. Plus, you get new heating and cooling that can provide ongoing savings through improved efficiency.
Ready to learn more? Here, the comfort advisors at HomeSmart will explain how much you can save, equipment eligibility and how to get Xcel Energy’s Colorado heat pump rebates.
How Much Can You Save on a New Heat Pump with Xcel Energy Rebates in Colorado?
Colorado residents can boost their savings with a $600 bonus rebate on top of standard Xcel rebates in Colorado. To unlock this incentive, first install qualifying insulation and complete approved air-sealing measures, then complete a qualifying cold climate air source heat pump installation in your Colorado home within two years. It’s a great way to lower upfront costs and long-term energy bills by taking important, energy-saving measures.
With the bonus rebate, here’s how much Xcel Energy customers can save with Colorado heat pump rebates:
- Up to $900/cooling ton for heat pumps (ducted or partially ducted) with minimum efficiency of 15.2 SEER2, 11.7 EER2, 7.8 HSPF2.
- Up to $900/cooling ton for heat pumps (non-ducted) with minimum efficiency of 15.2 SEER2, 11.7 EER2, 7.8 HSPF2.
- Up to $2,250/heating ton for cold-climate air source heat pumps (ducted)* with minimum efficiency of 15.2 SEER2, 10.0 EER2, 8.1 HSPF2.
- Up to $2,250/heating ton for cold-climate air source heat pumps (non-ducted)* with minimum efficiency of 16 SEER2, 9 EER2, 9.5 HSPF2.
*To be eligible, cold-climate non-ducted and ducted heat pumps must have a low temp heating efficiency of at least 1.75 COP at 5 degrees F, with a capacity maintenance of 70% at 5 degrees F compared to 47 degrees F.
How to Get a Colorado Heat Pump Rebate
HomeSmart makes it easy to take advantage of Colorado rebates for heat pumps offered by Xcel Energy. We’ll help you choose a system that qualifies, handle all the paperwork and ensure your heat pump replacement in Colorado is done right. All you have to do is save money and enjoy enhanced comfort.Call 866-837-9762 today for more information and a free, no-obligation cold climate air source heat pump installation estimate!