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Xcel Energy (Electric) - Residential Energy Efficiency Rebate Programs

Savings Category 
Geothermal Heat Pumps
Water Heaters
Heat Pumps
Air conditioners
Programmable Thermostats
Duct/Air sealing
Building Insulation
Comprehensive Measures/Whole Building
Other EE
Tankless Water Heater
Maximum Rebate 

Ground Source Heat Pump: $1,500
Evaporative Cooling: $1,200

Program Info
Sector Name 
Xcel Energy
Program Type 
Rebate Program
Rebate Amount 

Ground Source Heat Pump: $300/ton
Evaporative Cooling: $200-$1,200
Water Heater: $70-$450
Attic/Wall Insulation, Air Sealing and Weatherstripping: See qualified contractor for details
Furnace with Electronically Commutated Motor: $100
Smart Thermostat: $50

Xcel Energy residential customers in Colorado can qualify for cash incentives on a variety of energy efficient products and home improvements. Standard rebates are available for heat pumps, evaporative coolers, central A/C systems, ground source heat pumps, heat pump water heaters, and insulation that meet the program requirements. Rebate program expiration dates may vary depending on the technology. Consult the program website for more specific information on the rebate structure. Only equipment which meet minimum efficiency standards will be included in rebate program. Measures may require installation by pre-qualified contractors and are subject to Xcel Energy installation verification. 

Customers interested in comprehensive home energy efficiency improvements may alternatively receive rebates through the Home Performance with ENERGY STAR program.