Tag: Heat Pumps

Explore popular, common questions regarding Heat Pumps and more.

San Luis Valley REC

“Air source HPs: $450/ton for units greater than 17 SEER; $300/ton for units rated from 15-17 SEER. Rebates not to exceed 50% of equipment costs. Ground source HPs: $500/ton for new systems; $250/ton for replacement systems “

City of Boulder Rebate

City of Boulder (in addition to Boulder County and Xcel incentives). Heat pumps: $400 for cold climate heat pump, plus $500 if switching from gas. Heat pump water heater:$250, plus $500 if switching from gas WH

Boulder County Rebate

Boulder County (in addition to Xcel incentives). Heat pumps: $300 (max of 25% of project cots). Heat pump water heater: $100 (max of 25% of project costs)

Xcel Energy

Heat pumps: $800 ducted, $500 ductless; +$100 contractor. Cold-climate HPs: $1,000 ducted, $600 ductless; +$100 contractor.

Holy Cross Energy Rebate

Heat pump: $850 per ton for cold-climate, min. HSPF of 10 if replacing gas or propane; $600 per ton if replacing electric.

Heat Pump Water Heater: For Energy Star HPWH, $1450 if replacing gas or propane WH; $450 if replacing electric.

Induction Cooktops: Maximum incentive of $80. Must replace gas or propane induction cooktop or range or for new all electric home construction. Must install an induction cooktop/range measuring 30” or larger. Both standalone cooktops and ranges with built-in induction cooktops are eligible.

Logo for Love Electric

Love Electric aims to accelerate the adoption of heat pumps, heat pump water heaters, and other efficient electric technologies in homes and businesses across Colorado, to lower consumer energy costs, reduce greenhouse gas emissions, and provide improved health, comfort and other benefits. Love Electric is an initiative of the Beneficial Electrification League of Colorado (BEL-CO).

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