✅ Currently Available
| System Type | Requirements | Rebate |
|---|---|---|
| Air Source Heat pump (ASHP) - Ducted | 15.2 SEER2, 11.7 EER2, 7.8 HSPF2 | $900/cooling ton at 95°F |
| Cold Climate Air Source Heat pump (ccASHP) - Ducted | 15.2 SEER2, 10 EER2, 1.75 COP @ 5°F, 70% Cold Heat | $2,250/heating ton at 5°F |
| MiniSplit Heat pump (MSHP) | 15.2 SEER2, 11.5 EER2, 7.8 HSPF2 | $900/cooling ton at 95°F |
| Cold-Climate MiniSplit Heat pump (ccMSHP) | 16 SEER2, 9 EER2, 1.75 COP @ 5°F, 70% Cold Heat | $2,250/heating ton at 5°F |
| Heat Pump Water Heater | Energy Star Certified | $2,250 |
All Xcel Energy Gas and electric or gas-only account holders in Colorado are eligble.
The Xcel Energy Rebate is provided to UniColorado customers upfront as a discount. The rebate will be assigned to us.
No, the Xcel Rebates are typically shown in total as discounts. Please double check your estimate to see whether your rebate is assigned to us or not.
No; the application must be submitted by a qualified Xcel Rebate Partner such as UniColorado Heating & Cooling.
The original installing contractor. For our customers, UniColorado will do all the paperwork for our customers.
For most installations with us, the rebate is paid to UniColorado and provided as a discount up-front.
For others, Xcel can send a check or issue a bill credit. For rental properties, the recipient can be the property owner as long as they’re listed as a property owner on the account. This is contigent upon the contractor completing the application and choosing the right system.
Yes, unqualified companies tend to lie to their customers. The rebate is indeed real & we’ve done thousands of rebates over the years. It’s limited to qualified contractors who abide by the Xcel guidelines.
✅ Available
✅ Available
✅ Available
🚫 Late 2025
🚫 Mid 2025
✅ Available
UniColorado is the most experienced heat pump installer in the Denver metro area. With thousands of heat pump units installed, we know what works, what’s high quality and what’s worth your time and money.
A heat pump is a HVAC unit that uses electricity to heat and cool your home. It sits outside and moves heat in or out of your house, depending on whether you need heating or cooling.
If your home uses a ducted system, the heat pump works with an indoor furnace or air handler, sending warm or cool air through ducts to all the rooms.
If your home uses a ductless system (also called a mini-split), the heat pump is connected to small indoor units on your walls or ceilings. Each unit warms or cools a single room, and no ducts are needed.
Depending on the county and other rebate programs, you’ll save $5,000 to over $15,000. The intent of these rebate programs is to equalize or reduce the cost of ultra-high efficiency systems to conventional systems and incentivize homeowners to upgrade.
| System Type | Cost range before incentives | Avg Savings |
|---|---|---|
| Air Source Heat pump | $8,800 - $17,500 | $1,800 |
| Cold Climate Air Source Heat pump | $11,200 - $26,500 | $12,800 |
| MiniSplit Heat pump | $5,500 - $22,800 | $2,200 |
| Cold-Climate MiniSplit Heat pump | $5,800 - $27,100 | $12,600 |
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