Home Energy Rebates

Overview

Upgrade your home with Denver's Home Energy Rebates! These rebates can help you

  • Get new, more efficient heating and cooling equipment for your home
  • Get home upgrades that make it easier to stop using natural gas
  • Improve your home's indoor air quality

Rebates are available for owners of single family homes, duplexes, and townhomes in Denver. If you own another type of building, such as a commercial or larger multifamily building, you can qualify for our Building Electrification Rebates

The rebates act as an instant reduction in cost for homeowners - the contractor you work with will deduct the rebate upfront from the project's cost. No need to pay full price and wait for a reimbursement later! Note that all rebates require pre-approval before the work begins. You may also be able to stack these rebates with tax incentives and other rebates from Xcel Energy, The State and Federal government, and the Inflation Reduction Act. 

How to Get Started: Make a Plan for Your Home

Not sure how to get started with your rebates? This step-by-step guide will help you get started with navigating this process. More information for contractors and installers can be found on our Contractor Resources Hub.

1. Get an energy audit.

An energy audit will help you identify the most effective steps you can take to improve energy efficiency and comfort in your home. Xcel Energy provides low-cost energy audits to home owners, along with a wealth of resources. While an energy audit is not a requirement for getting a rebate from Denver, we do recommend it as a place to get started. Be sure to consider other utility programs at this stage of the project including Xcel Energy's Whole Home Efficiency Program or their Energy Advisor service.


2. Based on the results of your energy audit, consider adding insulation or air sealing your home.

This will increase your home's comfort and tends to be more affordable. Often, people living in poorly insulated or leaky homes end up having to get larger heating and cooling equipment to make up for all the conditioned air that escapes. By adding insulation to your home you may be able to reduce the size of heating and cooling equipment and save money on both utility bills and new equipment.


3. Research and choose the equipment you want to install.

If your furnace, air conditioner or water heater is more than 10 years old, it’s time to start making a plan for replacement. Check out Heat Pumps 101 to learn more about the different kinds of equipment available. 


4.Get Quotes from Contractors.

Once you have picked the equipment you think you want to install, you will need to find a contractor to work with who will help you evaluate the best options for your home, complete the installation, and ensure everything is working correctly. We keep a list of registered contractors who are eligible to work within this rebate program. If you’d like to work with someone who is not yet listed they can register to offer rebates. We recommend that you get at least three quotes from three different contractors so that you can make the best decision about who to work with and what work needs to be done. Our Heat Pump Buying Guide gives you a great list of questions to ask along the way as you work with a contractor.


5. Pick your Installer

Once you have gotten quotes from approved contractors, you can decide which contractor to work with. Make sure to emphasize that you're interested in using Denver's Home Energy Rebates and Xcel Energy's rebates. Denver's Home Energy Rebates requires that your installer gets pre-approval for the your rebate before starting the work. Your installer will work with us directly to get pre-approval for the project.


6. Work with your chosen contractor to get a scope of work and a cost estimate.

The Home Energy Rebate should be accounted for in your cost estimate up front as a line-item discount. Ensure that you are comfortable with the final cost of the project, the project timeline, and the work that you have both agreed on. Denver’s rebates require that all work is permitted appropriately, this process should be handled by your installer as well.


7. Look for financing

If you need help covering the gap between the rebate(s) and incentives you received and the total cost of the project, financing can help. The Colorado Clean Energy Fund offers below-market-rate financing for clean energy projects such as installing the equipment covered by Denver's Home Energy Rebates.


8. Schedule your installation, and pardon the bustle while work happens in your house.

Depending on the scope of work, you can generally expect your new equipment to be installed within a few days.


9. Your contractor is responsible for submitting paperwork to our team about the rebate on your behalf.

In the future, someone from Denver’s program may reach out to verify information about your installation or to gather your feedback on the program. Your experience and opinion are valuable to the work we do now and in the future

See frequently asked questions and specific equipment details

To report or share concerns about projects or installers participating in the program please submit an email to the program team at ClimateActionRebates@denvergov.org.

Application and Eligibility

How to Apply for Denver's Rebates as a Customer

  1. Research and choose the equipment you want to install (see list on next page). 
  2. Get quotes from approved contractors. Make sure to emphasize that you're interested in Denver's Climate Action rebates, Xcel Energy's rebates, and rebates from the Inflation Reduction Act. 
  3. Take a look at our Registered Contractor List. We recommend you get at least three quotes from different contractors to compare.
  4. Choose a contractor and schedule an installation. Rebates should be included in your quote/invoice as a credit or a discount. Note that Denver’s rebates require pre-approval before the work begins.
  5. Your contractor will submit paperwork about the rebate on your behalf.

 

Program Eligibility

New in 2024: Existing premises, rehab projects and new construction are all eligible for rebates. Denver reserves the right to limit the total incentive dollars to any single developer to $60,000 per calendar year.

To utilize this program, the premise must be:

  • In the City and County of Denver  
  • A single-family dwelling, two-family dwelling (duplexes), or townhome.
    • Existing commercial buildings, multifamily apartment buildings, and multifamily condominium buildings are eligible for Denver’s Building Electrification Program Rebates.
    • If you have questions about if your individual dwelling unit is considered a condominium or a townhome, please contact Denver’s Community Planning and Development at archstruc.review@denvergov.org.
  • Served by Xcel Energy Residential Service. If you do not have an Xcel Energy bill yet, you may submit a dated letter verifying future Xcel Energy services at that address in lieu of a utility bill.

Interested in EV charging or Solar?

  • For EV charger, rooftop solar and battery storage rebates, households with ‘Residential’ electrical service from Xcel Energy also qualify for these measures.
  • EV charger, solar or battery storage equipment must be connected to the eligible residential meter. To qualify for the rooftop solar rebate, resident must own their roof or have approval to install solar panels on their roof.
  • Please download your latest Xcel Statement to confirm you are a residential customer.

 

Stacking Rebates

These home energy and electrification rebates can be stacked and combined with rebates from Xcel Energy and the Colorado Energy Office (funded by the Inflation Reduction Act), provided the equipment you choose and your income both match the requirements for each program. You may also be able to take advantage of tax credits and other incentives offered by the state.

Learn how to combine rebates 

Eligible Equipment

Eligible Equipment

Standard Rebate

Electric Vehicle charger*

80% of the project cost, up to $200

Bi-Directional EV charger**  80% of the project cost, up to $2,000

Air source heat pump

40% of the project cost, up to $1,500 for ‘High-Efficiency’ Air Source Heat Pumps

40% of the project cost, up to $3,500 for ‘Cold Climate’ Air Source Heat Pumps

Ground source heat pump

80% of the project cost, up to $3,500

Mini-split heat pump

40% of the project cost, up to $1,500 for ‘High-Efficiency’ Mini-Split Heat Pumps

40% of the project cost, up to $3,500 for ‘Cold Climate’ Mini-Split Heat Pumps

Heat pump water heater

60% of the project cost, up to $1,000 for heat pump water heaters

60% of the project cost, up to $1,750 for smart heat pump water heaters

Solar

80% of the project cost, up to $4,000

Solar rebates are only available to residents who have already installed a heat pump, heat pump water heater, or bidirectional EV charger.

Battery storage

80% of the project cost, up to $500 (available to all residents)

80% of the project cost, up to $2,750 (only available if you have a heat pump, heat pump water heater, or bidirectional EV charger installed)

Electric service upgrade***

80% of the project cost, up to $2,000

Electric service upgrades are only available when paired with one of the other rebates.

*The charger installed must be a Level 2 ENERGY STAR Certified Electric Vehicle Charger, or a Ford Charge Station Pro.

**Charger must be able to charge an electric car battery from the power grid and also be able to send stored power from the car battery back to the grid.

***Electric Service Upgrade: If you’re applying for a rebate, your home electrical panel may need an upgrade to support the extra electrical load. This add-on rebate helps cover the cost of an electrical upgrade, including a new panel, associated wiring, or a new circuit required to install new equipment.  

  • Up to $2,000 is available to applicants applying for another rebate through the Climate Action Rebate program.
  • You can work with any of our registered contractors to install this equipment. 
  • For EV Charger Wiring Applications, only main service panel upgrades are eligible for this add on

     

The program reserves the right to:

  • Conduct field inspections to verify information about equipment installation.
  • Conduct field inspections before rebate payment to verify purchase and, where necessary, installation of eligible equipment. Inspections will be scheduled in advance with the rebate applicant and residential customer.  
  • Limit the total incentive dollars to any single developer to $60,000 per calendar year.

Program performance is monitored on an ongoing basis, and rebate amounts and requirements may be adjusted as needed. Advance notice of any changes will be provided at least 60 days prior to any changes taking effect.  

For full Terms and Conditions and Program requirements see the program portal.  

2022 Program Impacts

“This summer we were able to upgrade our electric breaker box and get a heat pump. We were able to do this because of the generous rebates...We couldn’t have done it without them. This summer we enjoyed a cool home during the hottest days and nights. Now that it has gotten cold, the warm air circulates to keep us all comfortable. Grateful for the comfort of the heat pump and lower environmental impact.” - Jenn, rebate recipient

In 2022, we awarded more than $8.2 million in rebates for electric bikes and home electrification upgrades. $3.9 million of that funding went to income-qualified households, representing about 47% of the total funding.

Rebate Category Total Cost to Recipients Rebates Awarded
Battery Storage $49,548 $5,500
 E-Bikes $9,334,653 $4,891,400
 Electric Service Upgrade $662,968 $276,863
 EV Charger Wiring $489,731 $228,914
 Heat Pumps for Heating/Cooling $6,250,624 $2,642,998
 Heat Pump Water Heaters $307,905 $105,224
 Solar $728,390 $107,800
 Total $17,823,819 $8,258,699

In total 839 Home Energy projects were installed, including:

  • 425 new heat pumps
  • 229 new electric vehicle chargers
  • 45 new solar arrays

Economic Impact:

  • For every dollar spent on electric bike rebates, $1.91 was spent at local bike shops
  • For every dollar spent on home energy rebates, $2.50 was spent with local contractors

As a result:

  • 80 contractors participated
  • 26 bike shops participated
  • 5,584 rebates were redeemed