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Xcel Energy: Heat Pump Water Heater

AmountRequirements
$800
less than 80 gal., listed on AHRI list (search for HPWHs): https://www.ahridirectory.org/Search/SearchHome?ReturnUrl=%2f must use Xcel-approved contractor.
Depending on your location, you may also be eligible for these additional rebates:

State and Federal Tax Credits

Note that all these rebates and tax credits can be combined to help you pay for your project.
Measure TypeType of tax creditTax credit amountRequirements
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