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Rebates & Minimum Efficiency Requirements

Download Colorado Utiliy Rebates and Minimum Efficiency Requirements:
Download Rebates Summary

State and Federal Tax Credits 2025

Measure TypeType of tax creditTax credit amountRequirements

Heat Pumps
State Tax Credit
$500 to customer (plus up to $1,000 to installer)
Energy Star certified, use state-qualified installer
Heat Pumps
Federal Tax Credit
30% up to $2,000

CEE requirements, explained here
Heat Pump Water Heaters
State Tax Credit
$170 to customer (plus up to $330 to installer)
Energy Star certified, use state-qualified installer
Heat Pump Water Heaters
Federal Tax Credit
30% up to $2,000
Energy Star certified
Energy Efficiency Improvements
State Tax Credit
up to $1200
Use state-qualified contractor
Energy Efficiency Improvements
Federal Tax Credit
30% up to $1200

Financing

Colorado Utility On-Bill Financing Programs

UtilityDescriptionWebsite
Efficiency Works (PRPA member utilities)
PRPA owner community utilities each provide one or two options to residential customers for low-interest loans to finance home efficiency and/or electrification upgrades.
More details
La Plata Electric Association (LPEA)
LPEA offers on-bill financing for solar or energy efficiency or electrification upgrades through a local bank. With no up-front costs, the loan is repaid through customers’ monthly electric bills, with a low-cost, fixed interest rate.
More Details
San Isabel Electric
San Isabel offers on-bill financing with low-interest rates, for home efficiency and electrification upgrades, or solar systems.
More Details

Tri-State’s Electrify & Save Program; offered by 6 Tri-State member co-ops*
This program offers on-bill financing for air-source heat pumps, air sealing and insulation, and other measures listed here.
*participating Tri-State co-ops include: Gunnison County Electric Association (GCEA) Sangre de Cristo Electric Association (SDCEA) Mountain View Electric Association (MVEA) San Luis Valley Rural Electric Coop (SLVREC) Highline Electric Association (HEA) White River Electric Association (WREA)

Statewide Loan Program

The Colorado Residential Energy Upgrade (RENU) Loan is a statewide residential loan program sponsored by the Collective Clean Energy Fund (CCEF) in partnership with Colorado-based credit unions. It makes home energy upgrades easy and affordable by offering low-cost, long-term financing for energy efficiency and renewable energy improvements. Loans are offered at low, fixed interest rates. The loans require no money down and customers can finance up to 100% of the project cost up to $75,000 over a term of 3 to 15 years, or 20 years for solar PV systems.