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Xcel Rebates

Xcel Energy offers rebates and incentives to home owners in Colorado. Please find the 2024 Xcel rebates for residential customers in Colorado below.
Upgrade your HVAC system today and take advantage of these valuable incentives with UniColorado’s expert guidance and professional installation services.

xcel energy rebates

Xcel Energy Rebates (Effective July 1st, 2024)

System TypeRequirementsTotal Rebate
High Efficiency Gas Furnace95%+ AFUE Rating$300
High Efficiency Central ACDiscontinued$0
Air Source Heatpump (ASHP) - Ducted15.2 SEER2, 11.7 EER2, 7.8 HSPF2$300/cooling ton at 95°F
Cold Climate Air Source Heat pump (ccASHP) - Ducted15.2 SEER2, 10 EER2, 1.75 COP @ 5°F, 70% Cold Heat$750/heating ton at 5°F
MiniSplit Heat pump (MSHP)15.2 SEER2, 11.5 EER2, 7.8 HSPF2$300/cooling ton at 95°F
Cold-Climate MiniSplit Heat pump (ccMSHP)16 SEER2, 9 EER2, 1.75 COP @ 5°F, 70% Cold Heat$750/heating ton at 5°F
Tankless Waterheater0.87 UEF, Medium or High Draw$100
Heat Pump Water HeaterEnergy Star Certified$800
EV ChargerXcel Approved Charger$500
Who is eligble for Xcel HVAC Rebates?

All Xcel Energy Gas and electric account holders in Colorado are eligble.

How does the Xcel Rebate work?

The Xcel Energy Rebate is provided to UniColorado customers upfront as a discount. The rebate will be assigned to us.

Is the rebate seperate from what I pay UniColorado?

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.

Can I get the Xcel HVAC rebates myself?

No; the application must be submitted by a qualified Xcel Rebate Partner such as UniColorado Heating & Cooling.

Who does the paperwork for Xcel Rebates?

UniColorado will do all the paperwork for our customers.

What is the payment method for Xcel rebates?

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.

The other "contractors" said the rebate was not worth it/fake/can't do it

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.

UniColorado verifies eligibility and handles all paperwork for our customers. Xcel Energy Rebates are offered as discounts to our customers and assigned to us.
  • Eligibility Requirements for Xcel Rebates
  • Qualified Contractor
  • Xcel Energy Gas & Electric Account
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