Home Energy Rebates

Overview

Rebate Details

Upgrade your home with Denver's Climate Action Rebates! Rebates allow you to: 

  • Heat and cool your home more efficiently
  • Help Denver reach our climate action goals
  • Improve indoor air quality 

Rebates are available for Denver residents. Contractors deduct the rebate upfront from the project's cost. Be sure to stack rebates with tax incentives and other rebates from Xcel Energy and the Inflation Reduction Act. 

See frequently asked questions and specific equipment details

Contractor and installer registration and rebate application

How to Apply

  1. Research and choose the equipment you want to install (see the list below). 
  2. Get quotes from approved contractors. Make sure to emphasize that you're interested in Denver's Climate Action rebates, Xcel Energy's rebates, and rebates from the Inflation Reduction Act. 
  3. Take a look at our Registered Contractor List(PDF, 367KB). We recommend you get at least three quotes from different contractors to compare.
  4. Choose a contractor and schedule an installation. Rebates should be included in your quote/invoice as a credit or a discount.
  5. Your contractor will submit paperwork about the rebate on your behalf.
 

Program Eligibility

To utilize this program you must:

  • Live in the City and County of Denver
  • Apply the rebate to a project at an existing residence. New construction is not eligible
  • Be completing a project in an existing single-family home or multi-family building of four units or fewer
  • Be Xcel Energy customer
 

Stacking Rebates

These home energy and electrification rebates can be stacked and combined with rebates from Xcel Energy and the Colorado Energy Office (funded by the Inflation Reduction Act), provided the equipment you choose and your income both match the requirements for each program.  

Learn how to combine rebates 

Eligible Equipment

Eligible Equipment

Standard Rebate

Electric Vehicle charging home wiring

80% of the project cost, up to $1,000

Air source heat pump

40% of the project cost, up to $1,500 for ‘High-Efficiency’ Air Source Heat Pumps

40% of the project cost, up to $3,500 for ‘Cold Climate’ Air Source Heat Pumps

Ground source heat pump

80% of the project cost, up to $3,500

Mini-split heat pump

40% of the project cost, up to $1,500 for ‘High-Efficiency’ Mini-Split Heat Pumps

40% of the project cost, up to $3,500 for ‘Cold Climate’ Mini-Split Heat Pumps

Heat pump water heater

60% of the project cost, up to $1,000 for heat pump water heaters

60% of the project cost, up to $1,750 for smart heat pump water heaters

Solar

80% of the project cost, up to $4,000

Solar rebates are only available to residents who have already installed a heat pump, heat pump water heater, or EV charger.

Battery storage

80% of the project cost, up to $500 (available to all residents)

80% of the project cost, up to $2,750 (only available if you have a heat pump, heat pump water heater, or bidirectional EV charger installed)

Electric service upgrade*

80% of the project cost, up to $2,000

Electric service upgrades are only available when paired with one of the other rebates.

*Electric Service Upgrade: If you’re applying for a rebate, your home electrical panel may need an upgrade to support the extra electrical load. This add-on rebate helps cover the cost of an electrical upgrade, including a new panel, associated wiring, or a new circuit required to install new equipment.  

  • Up to $2,000 is available to applicants applying for another rebate through the Climate Action Rebate program.
  • You can work with any of our registered contractors to install this equipment. 

 

The program reserves the right to conduct field inspections to verify information about equipment installation. The program reserves the right to conduct field inspections before rebate payment to verify purchase and, where necessary, installation of eligible equipment. Inspections will be scheduled in advance with the rebate applicant and residential customer.  

Program performance is monitored on an ongoing basis, and rebate amounts and requirements may be adjusted as needed. Advance notice of any changes will be provided at least 60 days prior to any changes taking effect.  

For full Terms and Conditions and Program requirements see the program portal.  

2022 Program Impacts

“This summer we were able to upgrade our electric breaker box and get a heat pump. We were able to do this because of the generous rebates...We couldn’t have done it without them. This summer we enjoyed a cool home during the hottest days and nights. Now that it has gotten cold, the warm air circulates to keep us all comfortable. Grateful for the comfort of the heat pump and lower environmental impact.” - Jenn, rebate recipient

In 2022, we awarded more than $8.2 million in rebates for electric bikes and home electrification upgrades. $3.9 million of that funding went to income-qualified households, representing about 47% of the total funding.

Rebate Category Total Cost to Recipients Rebates Awarded
Battery Storage $49,548 $5,500
 E-Bikes $9,334,653 $4,891,400
 Electric Service Upgrade $662,968 $276,863
 EV Charger Wiring $489,731 $228,914
 Heat Pumps for Heating/Cooling $6,250,624 $2,642,998
 Heat Pump Water Heaters $307,905 $105,224
 Solar $728,390 $107,800
 Total $17,823,819 $8,258,699

In total 839 Home Energy projects were installed, including:

  • 425 new heat pumps
  • 229 new electric vehicle chargers
  • 45 new solar arrays

Economic Impact:

  • For every dollar spent on electric bike rebates, $1.91 was spent at local bike shops
  • For every dollar spent on home energy rebates, $2.50 was spent with local contractors

As a result:

  • 80 contractors participated
  • 26 bike shops participated
  • 5,584 rebates were redeemed