Rebates for Building Decarbonization

Denver is investing millions of dollars to help developers, builders, building owners, and contractors improve our buildings. Improving our buildings leads to better health outcomes, more comfortable and productive occupants, and less pollution in our air. We are offering incentives that will reduce the cost for you to:

  • Install heat pumps in new construction or existing buildings
  • Design and build all-electric, Passive House buildings
  • Upskill your staff to be better equipped for green building 

Stacking Rebates and Incentives

These building electrification rebates can be stacked and combined with rebates and incentives from Xcel Energy and other sources, provided the equipment you choose matches the requirements for each program. You may not stack this rebate with any other rebates from Denver's Office of Climate Action, Sustainability and Resiliency for the same piece of equipment.

Other sources are also available to potentially fund the cost of your project, provided the equipment you choose matches the requirements for each program.

Provider

Type

Commercial

Multifamily

Xcel Energy

Rebates

Heat Pump Prescriptive Rebates

Multifamily Buildings Program

Colorado Department of Revenue

Tax Incentive

Climate Focused Tax Incentives

Climate Focused Tax Incentives

Colorado Clean Energy Fund

Loan

Commercial & Industrial Loan Products

Colorado Residential Energy Upgrade Loan (RENU)

Colorado Commercial Property Assessed Clean Energy (C-PACE)

Loan

C-PACE for Building Owners

N/A

Energy Outreach Colorado

Grants/Rebates

Nonprofit Energy Efficiency Program

Multifamily Energy Efficiency Program

U.S. Department of Energy (Inflation Reduction Act)

Loan

Better Buildings Financing Navigator

Better Buildings Financing Navigator

Colorado Energy Office Tax Credits Colorado Heat Pump Tax Credits Colorado Heat Pump Tax Credits