Home Energy Rebates in Colorado | Upgrade Rebates
Colorado rebate guideUpdated 2026

Home energy rebates in Colorado

Explore 14 published measures from 3 Colorado utilities, plus current state-program status and official links.

State program: Partly open Federal credits: Ended Dec 2025

Published utility programs in Colorado

Current offers in our source set, with direct links to the utility running each program.

Xcel Energy (Public Service Company of Colorado)Denver metro, Front Range and other Colorado communities served by Xcel Energy electric and/or natural gasResidential Home Rebates
Heat pump water heater rebateup to a $2,250 rebate
Attic insulation rebate (heating customers)30% of project cost up to $500For customers who heat with Xcel Energy electricity or natural gas; upgrades must be completed by a participating contractor.
Air sealing rebate (heating customers)30% of project cost up to $400Participating contractor required.
Wall insulation rebate (heating customers)30% of project cost up to $350Participating contractor required.
Colorado Springs UtilitiesCity of Colorado SpringsResidential rebates & programs
Heat pump under three tons and/or ENERGY STAR rated$1,500Stated for natural gas customers. Separately, starting Jan. 1, 2026 Colorado Springs Utilities provides a $1,500 electric bill credit to customers approved for rebates on heat pumps under three tons.
NEEP-rated heat pump, three tons and over$3,000
Heat pump water heaterup to a $750 rebate
Qualifying natural gas water heater$300 rebate
Insulation installation rebate40% back (up to $3,750)Up to $1,250 each for attic, wall, and crawl space insulation; credits applied to future utility bills. Available to electric or natural gas customers.
Black Hills Energy (Colorado electric)Black Hills Energy electric service territory in southern Colorado (Pueblo area and surrounding counties)2026 Residential Rebates – Colorado Residential Electric Customers
Air-Source Heat Pump (≥15.20 SEER2, ≥11.9 EER2, ≥8.1 HSPF2)$1,500Equipment must be purchased and installed between January 1, 2026 and Dec. 31, 2026.
Cold Climate Air Source Heat Pump (≥16 SEER2, ≥11.88 EER2, ≥9.5 HSPF2, ≥2.78 COP)$2,500
ENERGY STAR Heat Pump Water Heater$500
Attic Insulation (≥R-38), retrofit only$0.50 per sq. ft., up to $500Home must have a central cooling system to be eligible for insulation, air sealing and/or duct sealing rebates.
Air Sealing (30% ACH reduction, blower door test required)50% of total cost, up to $500

The Colorado state rebate program

Funding and launch status for the state-administered HOMES and HEAR programs.

$140,242,735
Federal funding allocated to Colorado across both programs
$69,985,890HEAR · electrification
$70,256,845HOMES · whole-home efficiency

Source: US DOE, IRA Home Energy Rebates State Allocations (updated May 23, 2024)

StatusPartly open
Latest program update

CEO launched the HEAR single-family program through registered contractors. As of the CEO HEAR funding dashboard dated 08/3/26, both regions are closed: Region 1 (Front Range) shows $0 remaining and 'Program Closed for Region 1' (applications submitted after April 27, 2026 are denied), and Region 2 shows $0 remaining and 'Program Closed for Region 2' (the stated application window ran until August 1, 2026). About $13.7M remains for HEAR small multifamily buildings, which the dashboard states are not yet available. The HER (HOMES) program is described as coming in 2026 for manufactured/mobile homes and large multifamily buildings and is not open to site-built single-family homeowners.

Administered by Colorado Energy Office (CEO), with Guidehouse as program administrator.

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Colorado rebate questions

Can I still get a federal tax credit in Colorado?

No. 25C and 25D were both repealed by the One Big Beautiful Bill Act for property placed in service after December 31, 2025. Anything installed in Colorado in 2026 earns no federal residential energy credit. Work finished on or before that date can still be claimed.

Are the Colorado state rebates open yet?

CEO launched the HEAR single-family program through registered contractors. As of the CEO HEAR funding dashboard dated 08/3/26, both regions are closed: Region 1 (Front Range) shows $0 remaining and 'Program Closed for Region 1' (applications submitted after April 27, 2026 are denied), and Region 2 shows $0 remaining and 'Program Closed for Region 2' (the stated application window ran until August 1, 2026). About $13.7M remains for HEAR small multifamily buildings, which the dashboard states are not yet available. The HER (HOMES) program is described as coming in 2026 for manufactured/mobile homes and large multifamily buildings and is not open to site-built single-family homeowners.

What utility programs are listed for Colorado?

This guide includes 14 published measures from 3 Colorado utilities, with a direct link to each official program.

Independent service. Upgrade Rebates is not a government agency or utility. Program administrators determine eligibility, funding, and award amounts.