Xcel Energy Rebates
Save More with Xcel Energy
Xcel Energy offers rebates for energy-efficient heat pumps and heat pump water heaters. These programs can help lower your upfront costs and make it more affordable to upgrade your home's comfort and efficiency.
Cold-Climate
Heat Pumps
Up to
$2,250
per heating ton at 5°F
Standard
Heat Pumps
Up to
$900
per cooling ton at 95°F
Heat Pump
Water Heaters
Up to
$2,250
What to expect When Working With Us
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1. Get Your QuoteWork with our team to get a detailed quote for your new system.
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2. Review Available RebatesWe'll help you explore the rebate programs you may qualify for.
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3. Complete Your InstallationOur licensed professionals will install your new system with care and expertise.
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4. Submit Required PaperworkWe'll guide you through any necessary paperwork for your chosen program.
Eligibility Quick-Reference
Here's a quick look at the programs, who qualifies and what to expect.
| Program | Who Qualifies | Rebate Amount | Notes |
|---|---|---|---|
| Xcel Energy Heat Pump Rebate |
Xcel gas account holders (gas-only or gas+electric); single-family homes, duplexes and small multifamily. | Verify current amount with Xcel Energy. | Amount varies by equipment type and program cycle. Electric-only customers do not qualify. |
| Colorado Heat Pump Tax Credit |
All Colorado residents, state-registered contractor. | Verify current amount. | Steps down annually. Regional/income-qualified program, if applicable — confirm eligibility and funding status. |
Rebate and tax credit amounts change frequently. Rock Plumbing, Heating, Air & Electrical confirms current eligibility and funding status before your installation — call (720) 410-5239 for the latest numbers.
We proudly serve homeowners in Castle Rock, Parker, Highlands Ranch and the surrounding South Metro Denver area. Our team is here to help you find the right solutions and maximize your rebate opportunities.