Colorado Heat Pump Rebates Just Changed (Summer 2026 Update)
As summer ramps up and as it gets hotter and hotter outside, you may need some cooling! Heat pumps are all the rave throughout Colorado, and they provide both electrified heating and cooling, and very efficiently at that.
In this episode, Co-Founders Erin and Xerxes talk through the different heat pump rebates throughout the state, with real numbers and all. We also cover Colorado RENU loans and more. Please reach out to us with any questions as well!
In this episode:
HEAR rebates explained — the Colorado Energy Office program offering up to $8,000 for a heat pump plus up to $2,500 for electrical wiring, and how the funds work.
Zone one is fully allocated — why the Denver Metro (zone one) HEAR funds ran out as of April 28, 2026, and who's affected.
Still some good news — zone two (outside Denver Metro) and the multifamily program may still have funds available, and the program officially runs through 2031.
The HEAR timeline and process — homeowner qualification, contractor submission, funding approval, and installation, plus why approvals are now taking four to eight weeks.
Xcel Energy rebates — steady, generous, and consistent since they tripled in January 2025, at roughly $2,250 per ton for a qualifying heat pump.
Rebates stack — how heat pump water heaters, the Whole Home Efficiency pathway, the ~25% bonus, and the $600 air-seal-first bonus add up.
A real-world dollar example — what a fully stacked project can look like for a standard Denver-area home, kept conservative because every home is different.
The RENU loan program — the Colorado Clean Energy Fund's transparent, credit-union-backed financing (Westerra and Elevations) with no hidden dealer fees.
Boulder County and local city rebates — EnergySmart's income-qualified $2,000, plus city programs like Golden, and why you should always check your city AND county.
Colorado state heat pump tax credit — still in play for 2026 at $1,000 per home, the up-front discount rule, and the cold-climate "whole home" requirements.
Air sealing first — why tightening your building envelope often maximizes both your rebates and your comfort before the heat pump even goes in.
The contractor's responsibility — how we keep a running ledger of every program, stay in daily contact with the rebate offices, and make sure homeowners capture everything they qualify for.
We're not here to overwhelm anybody — just to cut through the rebate drama and make sure you don't leave money on the table. The landscape has changed a lot since late last year, so if you have questions, reach out anytime at 303-525-HEAT.
Learn all about heat pumps on our blog: https://justheatpumpsllc.com/blog/ [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbFl1clJESG5YTHUwTjlMWGZUTERtYV9pdzk2QXxBQ3Jtc0ttNjU2cmU2OTRQbno2N1BWcjFlSXNxSld2aG1jV2lHMThZaXJ0eDM2OEVzTk9yczFsTVVFSTFRZVJ3T21UcGlXbU8ycThzMTJtbFpLSWZDM0J0Z0FraTlnZ0ZFcmViQUs0QkhNLVJKTHBHNmtCMlJuWQ&q=https%3A%2F%2Fjustheatpumpsllc.com%2Fblog%2F&v=ea40pONkd1E]
How Xcel Energy Heat Pump Rebates Work in CO (2025 Update): https://justheatpumpsllc.com/how-xcel... [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqazQ0YmJ3clhvX1Z5Y01XRmo5d1AtTktDSjU5QXxBQ3Jtc0tuaU1KR3owS0lzRVZVRlk3YVRJTE9YWlpLempzQjNLTGRGMFBlcFdrUU9DNXRzOE45Z0N3YWFWdkQwLVJMQmVTVEdtU25WTV9vWGcyZzR5OW1PX3VFTXprSVNldHBwakV5aU1SY3RwUzZoRlJVV1gxMA&q=https%3A%2F%2Fjustheatpumpsllc.com%2Fhow-xcel-energy-heat-pump-rebates-work-in-colorado%2F&v=ea40pONkd1E]
Check out our heat pump design and installation services in the Denver Metro area: https://justheatpumpsllc.com [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbl9oZFNGSWVxRndSWmlrWGNmeUZMd1p0ZjRXUXxBQ3Jtc0ttWDdZWEJMZVBoQURUOFMxUTRYOVEzVlk4TWNJM3lSLUNWekRTaEM5Qlk4Ri0tcEFTdHlWUjBBbFdNM01EY2Q5YkJ4cnNtamozS2c0ZHRDbDNHT1B6Qng0bS03ZFc5ZmU2UWIzcVNqTUxodjd2YldSVQ&q=https%3A%2F%2Fjustheatpumpsllc.com%2F&v=ea40pONkd1E]
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