Colorado Heat Pump Rebates 2026: HEAR + Xcel + State Credit
Verified 2026-07-16 Funding changes monthly.
| Program | HEAR + Xcel Energy rebates + CO state tax credit |
|---|---|
| Value | Up to $8,000 HEAR + $2,250/ton Xcel + $1,000 state credit |
| Status | HEAR: Front Range single-family funding fully reserved as of April 2026; rest of state open (verified July 2026) |
| Federal credit | None — 25C/25D expired Dec 31, 2025 (OBBBA) |
How it works
Income-qualified households (at or below 150% AMI) can get up to $8,000 via HEAR for cold-climate heat pumps. Xcel Energy customers stack utility rebates up to $2,250/ton, and Colorado's contractor-claimed state tax credit adds $1,000 for air-source systems.
Stacking with other programs
All three stack for qualifying households - among the best combined heat pump deals in the country.
Next step
Confirm your income tier against program rules, then get contractor quotes that itemize the rebate. Pairing with backup power? Size for the blower load.
Run the sizing calculator →Frequently asked questions
Is there still a federal tax credit for heat pumps in 2026?
No — the federal 25C Energy Efficient Home Improvement Credit expired December 31, 2025 under the OBBBA. Colorado's HEAR + Xcel Energy rebates + CO state tax credit is now the primary incentive for Colorado residents.
How much can I get from Colorado's program?
Up to $8,000 HEAR + $2,250/ton Xcel + $1,000 state credit. Income-qualified households (at or below 150% AMI) can get up to $8,000 via HEAR for cold-climate heat pumps.
Is Colorado's program still accepting applications?
As of our July 2026 verification: HEAR: Front Range single-family funding fully reserved as of April 2026; rest of state open. Funding changes monthly — confirm directly with the program administrator before contracting.