These are the named utility and ratepayer rebates on file for Colorado. You claim the one that serves your address, not the total. Each card carries the program’s own terms: what equipment qualifies, who is eligible, what the cap actually is, and whether it stacks.
Xcel Energy
https://co.my.xcelenergy.com/s/residential/heating-cooling/heat-pumps · fetched 2026-08-28
You claim it after installVaries by measure
Xcel Energy Colorado heat-pump offer exists. Official residential heating-cooling page fetched 2026-08-28 printed no homeowner dollar. Do not reprint an unverified per-ton or household figure. Confirm current terms at the source URL.
- Equipment that qualifies
- Confirm qualifying cold-climate air-source equipment with Xcel.
- Who qualifies, and the cap
- Xcel Colorado electric customers. Official HTML printed no dollar on 2026-08-28. Confirm current terms before quoting.
- Stacking
- Confirm stacking with the Colorado Energy Office HPTC at the source URL.
Black Hills Energy
https://www.blackhillsenergy.com/sites/blackhillsenergy.com/files/2026-COE-EE-Residential-Precriptive-Rebate-App.pdf · fetched 2026-08-28
You claim it after installTiered by efficiency
Black Hills Energy Colorado 2026 prescriptive rebate: ASHP or mini-split $1,500; ccASHP $2,500. Fetched 2026-08-28.
- Equipment that qualifies
- ASHP or mini-split $1,500; cold-climate ASHP $2,500. Confirm SEER2/HSPF2 tier on the 2026 application.
- Who qualifies, and the cap
- Black Hills Energy Colorado electric customers; installed 2026. One HP rebate per system. Official 2026 app fetched 2026-08-28.
- Stacking
- ASHP/mini-split $1,500 and ccASHP $2,500 are alternatives, not additive.
Holy Cross Energy
holycross.com
You claim it after installFlat amount
Holy Cross Energy co-op (western Colorado): heat pump rebate $3,500 for all members, $7,000 for income-qualified households. Downstream; 2026 rebate rules.
- Equipment that qualifies
- Qualifying air-source heat pump; confirm SEER2/HSPF2 tier with Holy Cross.
- Who qualifies, and the cap
- Holy Cross Energy members (Eagle, Pitkin, Garfield, Mesa counties). Per 2026 rebate rules.
- Stacking
- Income-qualified tier ($7,000) is the enhanced alternative, not additive with the $3,500 standard.
Income-qualified households: up to $7,000 on this program. Check the terms against your household size and area median income.
Colorado Springs Utilities
https://www.csu.org/rebates-incentives/residential-hvac · fetched 2026-08-28
You claim it after installTiered by efficiency
Colorado Springs Utilities municipal: $1,500 electric bill credit for approved heat pumps under 3 tons; also $3,000 for 3-ton+ NEEP qualifying equipment. Fetched 2026-08-28.
- Equipment that qualifies
- Heat pump under 3 tons $1,500; 3-ton+ NEEP $3,000. Confirm SEER2 tier with CSU.
- Who qualifies, and the cap
- Colorado Springs Utilities electric customers. $1,500 under 3 tons; $3,000 for 3-ton+ NEEP. Fetched 2026-08-28.
- Stacking
- Bill-credit rebate; confirm additional CSU efficiency measures.
Tri-State (Electrify and Save member co-ops)
https://www.mcrea.org/sites/default/files/Rebates/2026%20Rebates/2026%20E%26S%20Brochure_MCREA.pdf · fetched 2026-08-28
You claim it after installTiered by efficiency
Tri-State Electrify and Save member-co-op heat pump rebates: $500 / $1,500. Delivered THROUGH the local distribution co-op. Confirm the current tier with your co-op. Fetched 2026-08-28.
- Equipment that qualifies
- Qualifying air-source heat pump; efficiency tier set by the member co-op. Confirm SEER2/HSPF2 with your co-op.
- Who qualifies, and the cap
- Members of Tri-State distribution co-ops. Official 2026 brochure prints $500 / $1,500. Confirm current terms with your local co-op before quoting. Fetched 2026-08-28.
- Stacking
- Electrify and Save also covers HPWH, insulation/air sealing, panel upgrades, thermostats and EV charging as separate measures; on-bill repayment is an alternative to an upfront rebate.