Save More on Energy-Efficient Home Upgrades
Xcel Energy’s Clean Energy Plan, which was approved by the Colorado Public Utilities Commission in 2022, is designed to reduce carbon emissions by nearly 85% by 2030, as well as provide Colorado customers with electricity from 80% renewable sources.
Their ultimate goal is to be a net‑zero energy provider by 2050 and provide 100% carbon‑free electricity to customers. And, Xcel promises to do all of this while maintaining affordable, reliable energy service.
Save on High-Efficiency Home Comfort
Upgrading your home's HVAC equipment doesn't just improve comfort—it can also help reduce energy use and lower the upfront cost of your investment.
Through Xcel Energy's rebate programs, qualifying Colorado homeowners can receive incentives for installing eligible high-efficiency equipment.
As an Xcel Energy Registered Contractor, Simply Mechanical AC Furnace & Boiler can help you select qualifying equipment and navigate available rebate opportunities.
Xcel Energy Heat Pump Rebates | Save Up to $10,130
Qualifying Colorado homeowners can receive up to $10,130 in Xcel Energy rebates when upgrading to an eligible high-efficiency heat pump system.
Cold-climate heat pumps provide efficient heating and cooling from one system and are designed to perform reliably through Colorado's changing seasons.
Potential Benefits:
- Up to $10,130 in available rebates
- High-efficiency heating and cooling
- Year-round home comfort
State of Colorado Heat Pump Discount | Save $1,000
Colorado homeowners may qualify for an additional $1,000 State of Colorado Heat Pump Discount when installing eligible heat pump equipment.
This incentive can help further reduce the upfront cost of switching to an energy-efficient electric heating and cooling system.
Available Discount: $1,000
Power Ahead Colorado Rebate | Save $1,500
Eligible homeowners may also qualify for a $1,500 Power Ahead Colorado rebate toward the installation of qualifying heat pump equipment.
Combined with other available incentives, this rebate can make upgrading to an efficient heat pump system even more affordable.
Available Rebate: $1,500
Xcel Energy Heat Pump Water Heater Rebate
Upgrade your home's water heating system and receive up to $2,250 from Xcel Energy for qualifying heat pump water heater installations.
Heat pump water heaters use significantly less energy than conventional electric water heaters while providing dependable hot water for your home.
Available Rebate: Up to $2,250
State of Colorado Heat Pump Water Heater Discount
Save an Additional $250
Qualifying heat pump water heater installations may also be eligible for a $250 State of Colorado discount, providing another opportunity to reduce your project cost.
Available Discount: $250
