Tag: Heat Pumps

Explore popular, common questions regarding Heat Pumps and more.

Holy Cross Energy Rebate

Heat pump:

Cold Climate (ductless mini-split or ducted) Heat Pump
Rebate amount: 25% of project cost up to $3,000 for homes heated with electricity, 25% of project cost up to $4,000 for homes heated with gas or propane


  • Ducted: HSPF 9+; Ductless: HSPF 10+; Compressor must have 3+ stages or continuously variable capacity
  • Must be rated for cold climates and provide heat down to 5°F or lower
  • Load calculation required to right size outside unit and derate for high elevation
  • Must be used as primary heat source in the home

Heat Pump Water Heater:
25% of project cost up to $1,000 if replacing gas or propane water heater, 25% of project cost up to $500 if replacing electric

  • HPWH must be Energy Star rated

Induction Cooktops: 25% of project cost up to $100

City of Aspen Electric

Heat pump: 25% up to $500 for mini-split heat pumps; and 25% up to $3,000 for ground source heat pumps

4CORE Rebate

La Plata County in addition to La Plata Electric incentives: Heat pump: $100 for upgrades over $300. Heat pump water heater: $100 for upgrades over $300

Tri-State member co-ops rebate

Heat pump incentive: Up to $450/ton for an air source heat pump, up to $500/ton for a ground source heat pump. Heat pump water heater incentive: $350

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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