Colorado Heat Pump Rebate Calculator
Estimate your Colorado heat pump rebate range through Xcel Energy Rebates. Use this guide to understand the key factors and check the official source for exact current amounts.
How much is the Colorado heat pump rebate?
Xcel Energy (gas + electric customers in Xcel service territory): Cold-climate heat pump — $2,250 per heating ton (a 3-ton system = ~$6,750; 4-ton = ~$9,000). Standard (non-cold-climate) heat pump — $900 per cooling ton. Ground-source heat pump — $3,300 per heating ton. IMPORTANT: Xcel rebate requires customer to have an Xcel gas account. Electric-only Xcel customers do not qualify. Rebate schedule updated November 2025. Black Hills Energy (CO electric residential customers): Air-source heat pump (ducted or ductless mini-split) — $1,500 flat rebate. Efficiency requirements: ducted ≥15.20 SEER2, ≥11.9 EER2, ≥8.1 HSPF2; mini-split ≥11.7 EER2, ≥7.8 HSPF2. Valid January 1–December 31, 2026.
Xcel Energy rebate requires a gas account — electric-only customers do not qualify for Xcel heat pump rebates.
Xcel amounts are per-ton — final rebate depends on system size.
Xcel cold-climate tier ($2,250/ton) requires equipment that qualifies at 5°F operating temperature.
Black Hills Energy serves Colorado communities including Pueblo, Pueblo West, Canon City, and surrounding areas — confirm your utility at blackhillsenergy.com.
Xcel serves Denver metro, Boulder, Colorado Springs, Fort Collins, and most of eastern Colorado.
Amounts confirmed via Bronco Breeze (CO HVAC installer) citing November 2025 Xcel rebate schedule and official Black Hills Energy rebate page.
Holy Cross Energy, United Power, and CORE Electric Cooperative may offer separate rebates — verify with your utility.
Not a guarantee of eligibility. Verify current amounts with your utility or Xcel Energy Rebates.
Check Xcel Energy Rebates official siteKey factors that determine your Colorado rebate
See a fully interactive rebate calculator
Heat pump rebate calculators show how fuel type, utility, and system size interact to affect rebate amounts. The same logic — fuel type, utility tier, system size, income — applies across programs including Xcel Energy Rebates in Colorado.
View Colorado HVAC rebates