Xcel Energy Colorado - residential heat pump rebates
From October 1, 2026: cold-climate air-source heat pumps $1,500 per heating ton, standard heat pumps $600 per ton (reduced from $2,250 and $900).
Xcel Energy rebates
If Xcel Energy sends your electric or gas bill, these 4 programs may help pay for your project. Statewide programs come on top.
Xcel Energy Colorado - heat pump water heater rebate
Heat pump water heater rebate, $1,500 from October 1, 2026 (was $2,250).
Up to$1,500
Xcel Energy Colorado - home EV charger rebate
$500 rebate for a qualifying Level 2 home charger, up to $1,300 for income-qualified customers; requires enrolling in Optimize Your Charge.
Up to$1,300
Xcel Energy Colorado - Renewable Battery Connect
Upfront incentive of $250-$350 per kW of battery capacity, up to $5,000 (more for income-qualified customers) in exchange for letting Xcel use the battery during peak events.
Up to$5,000