Xcel Energy · Colorado Springs · Fort Collins

Home Energy Rebates in Colorado

Complete 2026 guide to Colorado home energy rebates — Xcel Energy's statewide programs, municipal utility programs in Colorado Springs and Fort Collins, and the Colorado Energy Office's state tax credits.

5cities covered
1utility program guides
Being checkedcity-page amounts vs official pages

Short answer: Xcel Energy pays $750 per heating ton for a cold-climate heat pump, and $1,500 per ton for homes heated with Xcel gas from October 1, 2026, which we could not yet confirm is live. A heat pump water heater gets $750 or $1,500, a smart thermostat $50 and a home EV charger up to $500. Colorado Springs Utilities pays $1,500 to $3,000 for a heat pump, and Fort Collins Utilities pays $500 per ton up to $3,000. Solar has no upfront rebate for most homes in 2026, and the federal credits ended after 2025.

Last verified October 2026 · By Sam Menard · Every amount links to the official program.

Rebates open in Colorado right now

UpgradeProgramAmountRules
Heat pumpXcel Energy$750 per heating ton ($1,500 with the gas bonus)Starts soonCold-climate model, participating contractor. Bonus starts October 1, 2026. Source
Heat pump water heaterXcel Energy$750 ($1,500 with the gas bonus)Starts soonENERGY STAR, 3.3 UEF. Source
Smart thermostatXcel Energy$50OpenENERGY STAR rated. Source
InsulationXcel Energy30% of cost, up to $500 atticOpenUp to $350 wall and $400 air sealing. Source
EV chargerXcel EnergyUp to $500 ($2,300 income-qualified)OpenEnroll in Optimize Your Charge first. Source
BatteryXcel Renewable Battery ConnectUp to $5,000, plus $100 a year for 5 yearsOpenTesla Powerwall or Enphase. Xcel controls it at peak times. Source
SolarXcel Solar*Rewards$1 per watt, income-qualified onlyOpenEveryone else gets net metering credit only. Source
Heat pumpColorado Springs Utilities$1,500 to $3,000OpenElectric and gas customers; read the page before combining with the bill credit. Source
Heat pumpEfficiency Works (Fort Collins Utilities)$500 per ton, up to $3,000OpenBonuses available for bundling and rentals. Source

What changed recently in Colorado

Checked October 1, 2026. See every change.

  • June 2026: Federal EV charger tax credit (30C) (ended). The 30% credit (up to $1,000) for a home EV charger only covers equipment in service by June 30, 2026. Source
  • December 2025: Federal home energy tax credits (25C and 25D) (ended). The 30% credits for heat pumps, insulation, windows, solar and batteries you own ended for anything installed after December 31, 2025. Source

Program guides: Xcel Energy Colorado rebates · 2026 tax credits

Find your city in Colorado

Each ring is the city's PowerScore out of 100. Tap a city for its full rebate guide and top-rated installers.

Biggest rebates by upgrade

The largest amount found in Colorado for each type of upgrade, and where.

Heads up: we have not yet checked every program in this region against its official page, so treat the amounts as a guide.

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Not sure what you qualify for? Use the Colorado rebate calculator.

Which utility serves you?

Colorado's rebate landscape splits mainly along utility lines. Xcel Energy is the state's dominant investor-owned utility and covers most of the Front Range, including Denver, Aurora, and Boulder. Two of our five covered cities run their own municipal utilities with a separate rebate menu: Colorado Springs Utilities (Colorado Springs) and Fort Collins Utilities, whose rebates run through the regional Efficiency Works program. Pick your city below to see the rebates that actually apply to you.

Denver

Utility: Xcel Energy

View Denver rebates →

Colorado Springs

Utility: Colorado Springs Utilities

View Colorado Springs rebates →

Aurora

Utility: Xcel Energy

View Aurora rebates →

Fort Collins

Utility: Fort Collins Utilities

View Fort Collins rebates →

Boulder

Utility: Xcel Energy

View Boulder rebates →

Statewide programs that apply no matter your utility

Open

🔥 Heat Pump Tax Credit

$1,000

Colorado's state heat pump tax credit, claimed by your contractor at point of sale if they're registered with the Colorado Energy Office. Once per address, for 2026 and beyond. Colorado Dept. of Revenue — DR 1322 →

Open

🔌 Battery Storage Tax Credit

10% state credit

Colorado's Innovative Energy Storage Tax Credit applies statewide to qualifying battery installations, regardless of utility.

Limited

🏠 HEAR / Power Ahead Colorado

Front Range: closed/replaced

The federal HEAR single-family program closed in both Colorado regions during 2026. DRCOG's Power Ahead Colorado (up to $1,500, no income limit) has stepped in for Front Range heat pump rebates. Colorado Energy Office status →

Expired

🌴 Federal 25C / 25D Credits

Expired 12/31/2025

The One Big Beautiful Bill Act ended the federal energy-efficiency (25C) and residential clean energy (25D) tax credits for installations after December 31, 2025. Neither applies to 2026 installs in Colorado. ENERGY STAR federal credit status →

Rebate finder, by category

Open this section

Filter Colorado's real programs by category. Most utility-specific amounts below are Xcel Energy's, the state's dominant utility — Colorado Springs Utilities and Fort Collins Utilities run their own separate rebate menus, so check your city page for the exact local number.

Heat pump

Xcel Energy heat pump rebate + state tax credit

Up to $9,000

Xcel Energy pays $2,250 per ton of heating capacity for a qualifying cold-climate heat pump (up to $9,000 on a 4-ton system), plus Colorado's separate $1,000 state heat pump tax credit. Front Range homeowners can also stack DRCOG's Power Ahead Colorado rebate (up to $1,500).

Source: /us/co/denver · Xcel Energy / Colorado Energy Office
Solar

Xcel Energy Solar Rewards

$300/kW, up to $1,500

Xcel Energy's Solar Rewards program pays $300 per kW of installed solar capacity, capped at $1,500 per home. The federal 30% residential solar tax credit expired for installations after December 31, 2025.

Source: /us/co/denver · Xcel Energy
Battery storage

Xcel Renewable Battery Connect + state credit

Up to $5,000 + 10% state credit

Xcel Energy pays $250 per kW (up to $5,000) plus $100 per year, in exchange for letting Xcel dispatch up to 60% of your stored energy during peak demand. Colorado's 10% Innovative Energy Storage state tax credit stacks on top statewide, regardless of utility.

Source: /us/co/denver · Xcel Energy / Colorado Energy Office
Water heater

Xcel Energy heat pump water heater rebate

$2,250 flat

Xcel Energy pays a flat $2,250 rebate for a qualifying heat pump water heater, with no income qualification required for the standard rebate.

Source: /us/co/denver · Xcel Energy
Insulation

Xcel Energy insulation + multi-measure bonus

Up to $600 + 25% bonus

Xcel Energy pays up to $600 for qualifying attic and wall insulation, plus a 25% bonus across all standard efficiency rebates when you install three or more qualifying measures within two years of enrolling.

Source: /us/co/denver · Xcel Energy

Windows & doors has no confirmed dedicated Colorado rebate as of 2026, and the federal 25C credit that used to cover it expired for installs after December 31, 2025. Amounts shown are Xcel Energy's — Colorado Springs Utilities and Fort Collins Utilities run separate programs at different rates.

Get an exact number: Fill out our free assessment tool to see your Colorado-specific rebate estimate. Run your free assessment →

Quick Questions

Read the questions and answers

Why did Xcel Energy stop taking rebate applications?

Xcel's Colorado rebate budgets are set annually and split into cycles. When a cycle's funding runs out, Xcel has to pause new applications in that category until the next cycle opens or more funding is added — it isn't a sign the rebate is gone for good. This has happened before with high-demand categories in Colorado. As of this writing, Xcel's heat pump rebate applications remain open (through September 30, 2027), but funding availability can shift during the year, so it's worth applying and locking in your rebate before you start work rather than waiting.

Should I install my heat pump before October 1?

If you're set on a cold-climate heat pump and can get it invoiced before October 1, 2026, yes — it's worth the push. Xcel Energy's cold-climate heat pump rebate drops about 33% on that date, from $2,250 per ton of heating capacity down to $1,500 per ton. On a typical 3-ton system that's roughly $6,750 versus $4,500. To lock in the higher amount, the installation needs to be complete and invoiced before October 1, with your application submitted by October 15. If you can't make that timeline, the lower rate still stacks with Colorado's $1,000 state heat pump tax credit — confirm the exact current numbers with Xcel before signing a contract, since utility rebate amounts can change again.

Is my contractor's rebate quote a scam?

It can be, if the promised rebate is doing most of the work to make an inflated price look reasonable. Check the real rebate cap before you sign →

Sources

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Statewide answer: see Colorado home battery rebates and incentives, with what is open, what has closed and the dates to watch.

Statewide answer: see Colorado home solar rebates, with what is open, what has closed and the dates to watch.

Statewide answer: see Colorado home EV charger rebates, with what is open, what has closed and the dates to watch.

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