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Rebates on a Denver heat pump quote

How rebates show up on a heat pump quote, and where to find current amounts after Xcel's October 1 changes.

Updated October 8, 2026
Two Bosch outdoor units on raised bases beside a stone and stucco house
Two Bosch units on risers set on concrete blocks, above the leftover snow.

Start with the installed price

Rebates come off a price, so get the price first. Each out-of-pocket figure on this site sits beside the full price it comes from.

Which programs apply

Most of our heat pump estimates include more than one program. Xcel lowered its heat pump bonus for Xcel gas customers on October 1, 2026, and some depend on your income, your utility or where you live.

How rebates show up on the quote

Point-of-sale discounts come straight off the invoice. Other rebates are filed after the install and paid to you. A clear quote shows the full price, each program by name, which ones come off at signing, and what you owe.

Rebates also have equipment rules. Most need a matched outdoor unit and coil with an AHRI certificate, and some need a cold-climate rating. Choose the equipment first and the paperwork follows.

Current amounts

The current list is at unicolorado.com/rebates. The heat pump cost page shows prices with rebates applied.

Common questions

Why don't you list the rebate amounts here?

They change. Xcel revised several heat pump rebates on October 1, 2026, and unicolorado.com keeps the current figures.

Sources and further reading

Sources

  1. Colorado Energy Office, home energy rebate eligibility and application
  2. ENERGY STAR, heat pump selection and installation
  3. ENERGY STAR, sizing and dual fuel systems
  4. UniColorado, dual fuel and all-electric systems