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
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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)
Mountain Parks Electric Rebate
Heat pumps: up to $1,000 per ton. MPE also offers on-bill financing.
Poudre Valley REA Rebate
$300/ton for 15 to 17 SEER; $450/ton for > 17 SEER; $500/ton for ground source HPs. all HP incentives up to 50% of project cost $350
Gunnison County Electric Rebate
Heat pump: $300/ton for 15 to 17 SEER; $450/ton for > 17 SEER; $500/ton for ground source HPs. all HP incentives up to 50% of project cost. Heat pump water heater: $370
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
Criteria:
- 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
CORE
CORE (Pitkin and Eagle Counties in the Roaring Fork Valley): Heat pump incentive – 25% up to $2,500.
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).