Colorado Heat Pumps

Smart Thermostats Smart thermostat for residential HVAC equipment — Up to $50 Smart thermostat for electric baseboard heaters — Up to $75 Air Purifiers Air purifier — Up to $50 (Up to $100 through 12/31/2025) Radon Fan Radon fan — Up to $75 Induction Range/Cooktop Induction range/cooktop replacing electric — Up to $50 Induction range/cooktop replacing gas — Up to $350 Heat Pump Water Heater Heat pump water heater replacing electric — Up to $600 Heat pump water heater replacing gas — Up to $400 Night Sky Outdoor Fixtures Night sky outdoor fixture — Up to $25 Night sky outdoor fixture add-on — Up to $10 Electric Panel Upgrade Electric panel upgrade — Up to $500 Laundry Clothes washer — $25 Heat pump dryer (compact) — Up to $50 Heat pump dryer (standard) — Up to $100 Advanced Power Strips Tier 1 advanced power strip — $7 Tier 2 advanced power strip — $20 Appliance Recycling Refrigerator or freezer recycling — Up to $35

Up to $50000

Business Lighting Rebates Link to main webpage is here 2023/2024 Bonus Rebates on LED Upgrades Linear LED: $2.25 - $18 Incentive details can be found here Upgrades or installations for Construction Projects LED and LEC exit signs: $25/fixture LED Fixture: $37.50 - $250/unit LED Retrofit Kit: $22.50 - $105/unit Commercial downlight luminaire fixture: $18.55 - $50/unit LED refrigerated case lighting: $33.75 - $45/unit LED linear ambient fixture and retrofit kit: $11.25 - $25/unit LED troffer fixture: $22.50 - $30/unt LED stairwell fixture: $30 - $40/unit Standalone and networked lighting controls: $0.05 - $0.40/watt LED parking garage fixtures: $86.25 - $125/unit LED parking garage wall pack fixtures: $22.50 - $75/unit LED outdoor area lighting fixtures: $26.25 - $90/unit LED canopy fixtures: $15 - $25/unit LED street lighting fixture: $18.75 - $50/unit LED wall pack fixtures: $11.25 - $50/unit LED grow lights: $0.19 - $0.25/watt Incentive details can be found here Business LED Instant Rebates on Lamps PL LED: $5.25 - $7 Interior HID Replacement: $22.50 - $85 A-Lamps: $0.75 - $6.00 Reflectors: $2.25 - $10 Decorative: $3 - $4 Downlight Solid State Retrofit Kit: $6.75 - $9 Incentive details can be found here Lighting Controls Rebates Details can be found on this application LED Grow Lighting Rebates LED indoor horticulture lighting: $0.53 - $0.70/watt Incentive details can be found here HVAC-R Rebates HVAC-R Program Rebate Listing Form Foodservice Rebates Foodservice Appliance: $200 - $1,000 Steam Cooker: $$350 - $500 Foodservice Rebate Form Clean Water Pumps Rebates range from $100 to $11,140 Incentive details can be found here Commercial Refrigeration Rebates Anti-Sweat Heater: $60/unit Demand Controls Ventilation: $500 Dishwasher: $125 - $250 Floating Head Pressure Controls: $25 - $50/ton Medium-temp Enclosed Reach-In Case: $70/ft No Heat Case Doors: $100 - $150 Refrigeration Fans: $40 - $150 Cooler case with glass doors: $100 - $150/ft Walk-in Freezer Defrost Controls: $120 per 1,000 watts Details can be found here Compressed Air Rebates range from $200 to $6,000 By implementing pre-approved custom Compressed Air Efficiency projects you can earn rebates of up to $600/kW saved for system peak demand, plus $100/kW saved for non-peak demand savings that exceed peak kWs saved Projects implemented without a study earn up to $400/kW saved for system peak demand, plus $100/kW saved for non-peak demand savings that exceed system peak kWs saved Additional details can be found here Computer Rebates Power Supply Equipment 400 - 600W: $5 600 - 1,000W: $10 >1,000W: $20 Virtual Desktop Infrastructures (VDIs) Up to 17W: $10/unit Additional details are found here Cooling Rebates Chillers $15 - $100/ton Additional details found on this form Air Source Heat Pump: $1,700 Cold Climate Air Source Heat Pump: $2,200 Ground Source Heat Pump: $600/ton Variable Refrigerant Flow Heat Pump: $1,700 Dual Fuel RTUs: $1,150 - $16,760 Heat Pump Water Heaters: $200 - $2,000 Additional details found on this form Fan Energy Index Rebates Fans: $100 - $1,000 Fans with Integrated VFD: $520 - $11,600 Additional details found on this form Heating Rebates High-volume low speed fans: $2,000/unit Condensing Commercial Boiler: $7,000/million BTUH Water Heater: $400 per 100,000 BTUH Pipe Insulation: $6 - $9/ft Unit Heaters: $500 per 100,000 BTUH Modular Burners: $750 per million BTUH Outdoor air reset controls: $250 per million BTUH Stack dampers: $250 per million BTUH Steam trap replacement parts: 25% up to $250/trap Linkageless controls: $300/million BTUH O2 trim control: 25% of total cost Turbulator: 25% of total cost Boiler tune-up: 25% of cost up to $250 per boiler, every other year Additional details found on this form Motor Rebates Motor HP: $10 - $900 VFDs: $400 - $2,337 Clean Water Pumps: $100 - $11,140 Fractional HP ECM Pumps and Fans: $50 - $100 Motors with Integrated Drives: $410 - $2,440 Additional details and application forms can be found here

2025 Rebate Summary

Furnace: $500 Ducted Air-Source Heat Pump: $1,000 Ductless Air-Source Heat Pump: $1,000 Cold Climate Air-Source Heat Pump: $2,000 Heat Pump Water Heater: Up to $750 Showerhead: $10 or 50% Smart Thermostat: $50 Ultra-High Efficiency Toilets: Up to $150 Flow Sensors: Up to $400 Smart Irrigation Controllers: Up to $400 Matched Precipitation Nozzles: $4/unit Sprinkler Heads with Check Valves: $8/unit Custom Energy: Varies, see program website Custom Water: Varies, see program website Builder Incentive Program: Varies, see program website

Income-Qualified Residential Rebates: 50% of total project cost up to $7,500 per year Residental Rebates: 25% of total project cost up to $3,000 per year New Construction Residential Rebates: 25% of total cost for any qualified equipment New Construction Residential Rebates: $15,000 per home

Appliance Recycled Refrigerator or Freezer: $100/unit Electric Clothes Dryer: $30 - $190/unit Induction Range Stove: $100 - $500/unit LED Lights Commercial LED: 50% of cost up to $20,000 LED Light Bulb: 50% of cost $8/unit Heating & Cooling Electric Resistance Water Heaters: $100 - $150/unit Electric Heat Pump Water Heaters: $950/unit Electric Thermal Storage & Thermal Slab: $30 - $50/kW Base Tier Ductless Air Source Heat Pump: %50 up to $250/ton, $125/ton for additional capacity over 5 tons Tier 2 Cold Climate Ductless Air Source Heat Pump: 50% up to $1,000/ton, up to 5 ton system $250/ton for additional capacity over 5 tons $1,000 bonus for gas or propane to ASHP conversion Base Tier Ducted Air Source Heat Pump: $250/ton, up to 5 ton systems $125/ton for additional capacity over 5 tons $500 bonus for dual-fuel with propane Tier 2 Cold Climate Ducted Air Source Heat Pump: $1,000/ton, up to 5-ton system $250/ton for additional capacity over 5 tons $500 bonus for dual-fuel with propane or $1,000 bonus for gas or propane to ASHP conversion Electric Air to Water Heat Pumps: 50% of cost up to $1,000/ton $250/ton for additional capacity over 5 tons $1,000 bonus for gas or propane to Air to Water heat pump conversion Ground Source Electric Heat Pump: 50% of cost up to $1,000/ton $250/ton for additional capacity over 5 tons $1,000 bonus for gas or propane to heat pump conversion Evaporative Coolers: $200/unit Outdoor Power Equipment E-bike: 25% of cost up $150 Riding Mower: 25% of cost up to $1,000 Walk-behind mowers: 25% of the cost up to $150 Snowblowers: 25% of cost up to $250 Leaf blowers: 25% of the cost up to $50 Chainsaws: 25% of cost up to $100 Trimmers: 25% of costs up to $50 Additional battery with original purchase/application: 25% of cost up to $25 Pruners: 25% of cost up to $50 Power washers: 25% of cost up to $50 Portable Electric Generator: $0.20/watt-hour yup to $500 Electric Forklift: Up to $5,000 Electric Pallet Jacks: Up to $1,500 Irrigation Motors & VSD Commercial and Industrial Electric Motors: $8/Horsepower (hp) $1.50/hp for wiring assistance for electric irrigation motors that replace a fossil-fuel engine or new installation Variable Speed Drive (VSD): 50% of the cost of the VSD unit Smart Thermostats : $25 - $50/unit Whole House Fan : $100/unit Home Battery System : $1,000 - $3,000 Weatherization Insulation: $75 - $150 Windows and Doors: $75 - $150 Air Sealing: $75 - $150

2024 Rebates Energy Efficiency Audits: $150/customer LED Lighting: 50% of cost, up to $8/unit Energy Star Appliances: $60 - $90/unit Cold Climate Air-Source Heat Pump: Up to $750/ton Base Tier Heat Pump: Up to $350/ton Air-to-Water Heat Pump: Up to $750 Heat Pump w/ Electric Thermal Storage: $100/unit Ground-Source Heat Pump: $550/ton (new), $300/ton (replacement) Heat Pump Water Heaters: $700/unit Standard Electric Water Heater: $30 - $50 ETS Heating: $30 - $50/kW Whole House Fan: $100/unit Induction Cooktop/Range: $100 - $350/unit Programmable Thermostat: $25 - $75 Outdoor Electrical Equipment: 25% of cost up to $1000 Level 2 EV Charger: Up to two free chargers ($700 each) EV Plug Installation: Up to $500 All-Electric New Construction Bonus: $500/home Income-Qualified Weatherization: Varies, see program site

Standard Storage Gas Water Heater: $75 Tankless Water Heater: $100 - $560 Indirect Water Heater: $85 Furnace: $350 - $375 Boiler: $50 - $1,000 Fired Gas Absorption Heat Pump: $1,500 - $3,490 Combination Gas Space and Water Heat: $900 - $2,000 Setback Thermostat: Up to $25 Programmable Thermostat: Up to $100 Insulation (Ceiling/Attic/Floor/Foundation/Rim and Band Joist): $0.25 - $0.60/sq. ft. (Up to $1,090) Backup Generator: $100 Clothes Washer: $25 Convection Cooking Oven: $25 Hydronic Driveway Snow Melt System: $1,815 Low Flow Bathroom Faucet Aerator: $4/unit Low Flow Kitchen Faucet Aerator: $3/unit Low Flow Showerhead: $8/unit

HIGH EFFICIENCY COMMERCIAL EQUIPMENT Backup Generator: $230 Swimming Pool Cover: $290 NATURAL GAS SPACE HEATING EQUIPMENT Furnace: $250 - $650 Boiler: $1,600 Combination Gas Space & Water Heat: $4,730 Gas Fired Absorption Heat Pump: $6,310 NATURAL GAS SPACE HEATING EQUIPMENT Setback Thermostat: Up to $150 Smart Thermostat: Up to $100 Direct Digital Control System: $1,860 Economizer Tune-Up: $150 NATURAL GAS COOKING EQUIPMENT Char-Broiler (infrared): $1,650 Upright Broiler (infrared): $1,200 Conveyor Oven: $4,125 Rack Oven: $2,000 Salamander Broiler: $750 Steam Cooker: $600 ENVELOPE MEASURE RETROFIT Wall Insulation: $0.25/sq. ft. (Up to $895) Ceiling Insulation: $0.25/sq. ft. (Up to $2,665) Duct Insulation: 70% of cost up to $460 Duct Repair and Sealing: 70% of cost up to $2,200 Boiler Pipe Insulation: 70% of cost up to $600 Infiltration Control: $0.50 per perimeter of windows in feet (Up to $220)

2025 Rebate Guide

Tri-State Rebates Residential LED Lamps and Fixtures: $8 or 50% of lamp/fixture cost Electric Clothes Dryer: $30 - $90 Refrigerator/Freezer recycle: $60 Induction Cooktop: $100 - $350 Smart Thermostat: $25 - $50/unit Whole House Fan: $100/unit Evaporative Cooling: $200/unit Residential and Commercial Electric Resistance Units: $30 - $50/unit Air Source Heat Pump: $350/unit Electric Thermal Storage and Slab: $12 - $16/kW Energy Star Air Conditioner: $100/unit Air-Source Electric Heat Pump: $250 - $1,500 Ground-Source Heat Pump: $250 - $500 Outdoor Power Equipment Electrification Riding Mower: 25% of cost up to $1,000 Snow Blower: 25% of cost up to $250 Walk-Behind Mower: 25% of cost up to $150 E-Bikes: 25% of cost up to $150 Chainsaw: 25% of cost up to $100 Trimmers: 50% of cost up to $25 Leaf Blowers: 50% of cost up to $25 Power Washers: 50% of cost up to $25 Electric Vehicle Chargers Non-managed chargers: $250 Managed chargers: 50% of cost up to $1,000 Level 2 Charger: 50% of total equipment and installation costs up to $1,000 DCFC: 50% of costs up to $7,500 Commercial LED Lighting Pole Mounted Lighting: Up to $20,000 or 25% of total LED head cost per project/account Refrigerated Case Lighting: Up to $3,000 or 50% of total LED fixture cost per project/account Other retrofit or new construction fixture/bulb: Combined max of $20,000 or 50% of LED Fixture cost Commercial and Industrial Motors Details $8/hp $1.50/hp wiring assistance if the motor replaces a fossil-fuel engine, or is a new installation Project cap of $20,000 Variable Speed Drive (VSD) Details Sliding scale from $1,600 - $6,800 Based on motor horsepower Cap of 50% of the VSD equipment costs Per project cap $20,000 Commercial and Industrial Assessment Assessment service costs can be covered up to 75% or more Custom rebates can be considered when rebate incentives aren't available Irrigation assessments 75% to 100% of assessment costs are covered up to $1,500 Fork Lift Electrification Up to %5,000 for electric fork lifts Up to $1,500 for electric pallet jacks Project cap of $20,000 SECPA Rebates Ground-Source Heat Pump: $50/ton plus additional $50/unit incentive for Energy Star Rating Air-Source Heat Pump: $25/ton with electric resistance back-up $25/ton for central air source with non-electric back-up Electric Thermal Storage (ETS) & Thermal Slab Units (TSU): $4/KW for ETS units Variable Speed Drive: $2/HP

Air-Source Heat Pump: $450-$1,450 Heat Pump Ductless Mini Split: $500 Central A/C: $250-$1,050 Room A/C: $20 Ground Source Heat Pumps: $1,700 Smart Thermostat: $65 Furnace Blower Motor: $50 Evaporative Cooler: $100 - $800 Heat Pump Water Heater: $500 Attic Insulation: $0.50/sq. ft. Wall Insulation: $1.00/sq. ft. Air Sealing/Duct Sealing: 50% of cost Smart Power Strip: $10 Air Purifier: $10 Dehumidifier: $5 Ceiling Fan: $20 Clothes Washer: $25 Connected Home Energy Management System: 50% of cost

Heat Pumps Contractor Spiff: $250 Homeowner Rebates Units 1-2 tons: $2,000/ton Units 3 - 5: $1,000/ton Units above 5 tons: $500/tons Air Source Heat Pump: $250 - $500/ton Air to Water Heat Pump: $250 - $500/ton Ground Source Heat Pump: $250 - $500/ton Appliance & Recycling Refrigerator/Freezer Disposal: $100 Clothes Dryer: $180 Whole House Fan : $200 Smart Thermostat : $25/unit Induction Cooktop : $100 - $400 Electric Water Heater Electric Resistance Water Heater: $150 Air Source Heat Pump Water Heater: $700 Timers: $75/unit Residential & Commercial Energy Audit Residential Energy Audit: $100 Commercial Energy Audit: $250 Electric Thermal Storage Controlled Off-Peak ETS: $40/kW Outdoor Electric Power Equipment Lawn Mower: 50% of cost up $500 Electric Riding Mower: 25% of cost up to $1,000 Snow Blower: 50% of cost up to $150 Trimmer / Pruner / Leaf Blower / Power Washer: 50% of cost up to $100 Chainsaw: 50% of cost up to $100 Additional Batteries with Equipment: 50% of cost up to $25 Electric Vehicle Charging Equipment Level 2 Residential/Private Commercial Charger: 50% cost match of EV charging equipment up to $250 Level 2 Public Charger: 50% cost match of equipment cost and electric service installation up to $1000 Level 3 DC Fast Charger Rebates: 50% of EV charging equipment and electric service installation costs up to $3,000 for 50-75kW maximum station output 50% of EV charging equipment and electric service installation costs up to $5,000 for 76-149kW maximum station output 50% of EV charging equipment and electric service installation costs up to $7,500 for 150 and above kW peak output Resiliency RE/PV Battery Systems of 6kWh or larger: $750 Electric Commuter Bicycles : $150

Appliances Refrigerator/Freezer Recycling: $60/unit (max. 2 annually) Electric Induction Cooktop: Up to $350/unit Clothes Dryers: Up to $90 Heating & Cooling Heat Pump Water Heaters: $350 Ground Source Heat Pumps: Up to $700/ton Ground Source Heat Pump Desuperheater: $100/unit Air Source Heat Pumps: Up to $600 Evaporative Water Cooler: $200 Central Air Conditioner: $100 Whole House Fan: $100/unit (max. 2 per household) Line Voltage Thermostat: $75 Smart Thermostat: Up to $100 Residential LED Lighting: 50% of cost, capped at $8/bulb and 50 bulbs annually Commercial Lighting: Varies, see program website Drives and Motors Motor Nameplate: $1,600 - $6,800 10 - 1500 HP Motor: $8/HP Motor Wiring Assistance: $1.50/HP Electric Vehicles Level 2 Chargers: Up to $500 (charger) or $1,000 (TOU charger & public use) Level 3 DC Fast Charger: Up to $7,000 Electric Power Equipment Bicycles: Up to $150 Chainsaws: Up to $100 Lawnmowers: Up to $1,000 Leaf Blowers: Up to $50 Power Washers: Up to $50 Pruners: Up to $50 Snow Blowers: Up to $250 Trimmers: Up to $50 Additional Batteries: Up to $25

Weatherization improvements: up to $2,000. Includes air sealing and insulation Electrification improvements: up to $2,000. Includes cold climate heat pump, heat pump water heater, or electrical panel upgrade

Electric Rebates Smart Thermostat: Up to $75/unit HVAC: $35 - $3,000 Window and Door: $3.75/sq. ft Insulation: $0.77 - $1.16/sq. ft Air Sealing: $310 - $770 Lighting and Indoor Electrical Items Dark Sky Complaint Light Fixtures: Up to $25/unit Air Quality Air Purifiers: Up to $50 Radon Fans: $75 Appliances Refrigerator and Freezer Recycling: $35 Heat Pump Water Heaters: $800 Induction Range/Cooktops: Up to $350 Clothes Washer: $25 - $55 Electric Vehicles (EV) New EV: Up to $7,500 Used EV: Up to $4,000

Energy Star Appliances Clothes Dryer: $30 - $90 Dishwasher: $30 Refrigerator/Freezer Recycling: $60 Electric Water Heaters Standard electric water heater converting from gas to electric: $50 Water heater - heat pump (30 gallon minimum): $350 Marathon electric water heater: $250 New construction electric water heater: $30 Outdoor Power Equipment 25% of cost up to $1,000/unit See program rebate list for full information. Smart Thermostat WiFi Enabled: $25 If member is enrolled in a managed rate (TOU): $50 Air Conditioning : $200 - $500 See website for details Whole House Fan : $100 Electric Thermal Storage Electric Thermal Storage (ETS) Unit: $50/kW ETS Thermal Slab: $12/kW Insulation Roof: 60% up to $450 Wall: 60% up to $350 Floor: 60% up to $350 Air Source Heat Pump Base Tier: 50% of equipment cost up to $350/ton Cold Climate: 50% of equipment cost up to $600/ton Ground-Source Heat Pump Replacement Systems: $375/ton up to 50% of equipment cost An additional $100/unit for ground-source heat pumps powered by hot water (desuperheater) Replacement Systems: $750/ton not to exceed 50% of equipment cost An additional $100/unit for ground-source heat pumps powered by hot water (desuperheater) Electric Vehicles Qualifying Plugin EV: $500 Level 2 EV Charger: 50% of cost, up to $1,000 Direct Current Fast Charger: 50% of cost, up to $5,000

Up to 15 Years

Up to 10.99 %

Energy Efficiency Audits: Up to $300 LED Lighting: 50% of cost, up to $8/unit Air-Source Electric Heat Pump: Up to $750/ton Electric Thermal Storage (ETS) backup: $100/unit Ground Source Heat Pump: $300 - $550/ton Heat Pump Water Heater: $700 Electric Water Heater: $30 - $50 Electric Thermal Storage (ETS) Heater: $50/kW Thermal Slab Heating: $30/kW Outdoor Electrical Equipment and E-bikes: 25% of the price from $50 - $1,000 Electric Vehicle Chargers Two Free Level 2 plug-in home chargers: $700 each Plug Installation: Up to $500 Independent Level 2 Charger: Up to $250

Heat pump water heater: Up to $1,750 Cold-climate heat pump for space heating and cooling: Up to $8,000 Non-cold-climate heat pump for space heating and cooling: Up to $3,000 Electric stove, cooktop, range, or oven: Up to $840 Electric panel: Up to $4,000 Insulation, air sealing, and ventilation: Up to $1,600 Electrical wiring: Up to $2,500

All rebates are doubled for Equity Priority customers) Dual Fuel Heat Pump Rooftop Unit: $2,250-$3,000 per cooling tonnage High Efficiency Heat Pump Rooftop Unit ENERGY STAR adder: $500 per cooling tonnage All-Electric Heat Pump Rooftop Unit adder: $1,000 per cooling tonnage Ducted Split Air Source Heat Pump: $3,000 per condensing unit Ducted Cold Climate Split Air Source Heat Pump: $5,500 per condensing unit Non-Ducted Mini-Split/Multi-Split Heat Pump: $3,000 per condensing unit Non-Ducted Cold Climate Mini-Split/Multi-Split Heat Pump: $5,500 per condensing unit Light Commercial Heat Pump Water Heater: $5,500-$6,500 per water heater Smart Heat Pump Water Heater Adder: $200 per water heater Variable Refrigerant Flow Heat Pump: $2,000 per cooling tonnage Packaged Terminal Heat Pumps: $200 per packaged unit Cold Climate Packaged Terminal Heat Pumps: $500 per packaged unit Single Package Vertical Heat Pumps: $400 per unit Cold Climate Single Package Vertical Heat Pumps: $1,000 per unit Water Source Heat Pumps: $3,600 per cooling tonnage Ground Source Heat Pumps: $3,600 per cooling tonnage

Equal to the standard equipment rebate of the installed equipment

Electric vehicle charger: 80% of project cost, up to $200 BI-directional electric vehicle charger: 80% of project cost, up to $2,000 Cold climate air source heat pump: 40% of project cost, up to $1,200 Ground source heat pump: 80% of project cost, up to $1,200 Cold climate mini-split heat pump: 40% of project cost, up to $1,200 Smart heat pump water heater: 60% of project cost, up to $500 Solar: $1 per watt, up to $2,000 or 80% of project cost (whichever is less) Battery storage: 80% of project cost, up to $500 Electric service upgrade: 80% of project cost, up to $1,000