Denver Heat Pump Installation & Rebate Information
Are you looking to replace your old air conditioning and gas-fired heating system with a heat pump? We offer heat pump installation in beautiful Denver, CO.
Make sure to check below for the latest (often confusing) heat pump incentives and rebate information for your Denver home as well.
heat pump installation in Denver
Home to millions of people and growing quickly, the Denver Metro Area is leading the charge for heat pumps, sustainability, and electrification. Not only that, it’s quickly becoming one of the most forward-thinking and sustainable cities in the entire country.
Much of Denver’s growth and appeal comes from planning with sustainability in mind, and the city’s multiple Climate Action, Sustainability & Resiliency programs and rebates has led the (electrification) charge, which includes big plans for heat pumps! They also have a ton of great information on their Sustainability page indeed.
What Heat Pump Rebates and Incentives Can I Get in Denver?
While the incentives are always changing and can be confusing, we stay on top of them and update this page on a scheduled and recurring basis in order to provide the latest updates throughout Colorado. These are the current available heat pump rebates and tax credits for your home in Denver, which in many cases stack on each other.
Be sure to check out our in depth article on How The Denver Heat Pump Rebates Work (And How to Maximize Them).
Denver, CO Heat Pump Rebates
Up to $3,500 for air source mini split and ducted heat pumps offered as part of the Denver Climate Action, Sustainability, and Resiliency rebate program. This is an incredible bonus rebate in the area, only available to Denver, CO residents to further their (and your) sustainability goals.
It’s important to note that these funds are available on a first come, first serve basis and may run out in the current calendar year. Denver has big goals for electrification, however, and we anticipate ongoing (even increased) funding for heat pumps.
Please ask us about these specifically to make sure you’re able to qualify. There are also additional rebates for grounds source heat pumps, electric panel upgrades, heat pump water heaters, and more. To see more details on this one, click here.
Want More Rebates? There’s Good News!
Denver’s heat pump rebate program is fantastic, but you can also qualify for all of the rebates below, stacking on to the Denver rebates! Check out each one for details, and again feel free to contact us for any questions about your own home.
IRA Federal Heat Pump Tax Credit
Up to $2,000 for air source mini split and ducted heat pumps offered as a rebate for all Xcel Energy utility customers. To see more details on this one, click here.
Xcel Energy Heat Pump Rebates
Up to $9,500 for cold climate air source mini split and ducted heat pumps offered as a rebate for all Xcel Energy utility customers. To see more details on this one, click here.
Colorado State Heat Pump Tax Credit
Up to $500 for air source heat pumps, offered as a discount on the invoice when you install a heat pump. To see more details on this one, click here.
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How do we help you with rebates and incentives in Denver?
At Just Heat Pumps, we try make it easy as possible so you can maximize your incentives with the least time and money spent. Here are a few of the benefits to working with us:
“Denver is taking urgent action to cut carbon pollution. Our vision is to build a resilient city for all current and future Denverites. The city is already experiencing the consequences of climate change. Extreme heat, drought, flooding, and worsening air quality are more common. Action is more important than ever.“
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Did You Know?
Going with a new heat pump is a perfect part of going net zero, a home electrification project, or just wanting to move away from burning fossil fuels in your home. Denver has a lot of different rebates for these projects too. Check out this link for more info.
Did you know that heat pumps work very closely and greatly benefit from other home energy efficiency projects as well?
Along with being on Xcel’s Heat Pump Approved Contractors List, we’re also approved on and can help you with their 25% rebate bonus for you through their Whole Home Efficiency Program!
Here are some common projects that work hand-in-hand and combine benefits with your new heat pump, and other efficiency rebates as well:
1) Energy Audits
Energy audits is the best place to start to determine home air leakage and poor insulation. There are not only local rebates, but also tax credits too! If you’ve had an audit done, we would love to use the report data to optimize your heat pump.
3) Insulation
After air sealing, insulation is usually the best money spent to increase home comfort and to slow down the rapid cooling and heating losses we have here in typical Colorado homes. Capitalize on Xcel’s insulation rebates and federal tax credits as well.
2) Air Sealing
After the energy audit, air sealing is the best bang-for-the-buck in terms of controlling your indoor air. By sealing up leaks, the heat pump (or any HVAC system) can work much more efficiently. Be sure to check out local Xcel air sealing rebates and federal tax credits.
4) Heat Pump Water Heaters
Heat pump water heaters is the most efficient method of heating water with electricity. You can usually save hundreds of dollars per year in utility costs by switching to one. And like the others, there are really great local Xcel rebates and tax credits available. But just know that this tax credit might eat into your new heat pump HVAC one!
Learn All About Heat Pumps
Should You Get An Energy Audit Before Installing A Heat Pump?
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What our clients say about us
We’re doing HVAC differently, and our customers benefit.
“Xerxes was incredibly helpful in figuring out cooling options for our house. He discussed specifics of our house and our cooling and heating needs with us and then gave us information on what size system we’d need, different efficiency ratings, pricing on different types of units, installation options and costs, and tax credits/utility rebates (Federal and State). He was able to provide this information both for heat pumps and traditional A/C units. He gave us all the information we needed to make the correct decision for our household. Xerxes is very knowledgeable on all things related to home heating and cooling systems!”
Emily F.
Lakewood, CO