Boulder Home Electrification Rebates and Tax Credits

The below rebates and tax credits are all intended to incentivize home electrification. Rebates are offered by utilities and municipalities. Some rebates can be paid directly to your contractor and taken directly off the purchase price as an upfront discount, whereas others are paid directly to the homeowner. Denver residents have access to the best municipality rebate amounts in the State. Tax credits are offered by the US Federal government and the State of Colorado.

For the full terms and conditions on these incentives, check out the below resources or contact us to learn what you’re eligible for:

NameItemTypeAmount
Boulder County Attic Insulation with Air SealingAir Sealing / InsulationRebate$100
Boulder County Wall InsulationAir Sealing / InsulationRebate$100
Boulder County Foundation (Basement or CrawlSpace) Insulation and Air SealingAir Sealing / InsulationRebate$100
City of Boulder Attic Insulation and Air SealingAir Sealing / InsulationRebate$250
City of Boulder Wall InsulationAir Sealing / InsulationRebate$250
City of Boulder Foundation (Crawlspace or Basement) InsulationAir Sealing / InsulationRebate$250
City of Boulder Sub Floor or Frame Floor InsulationAir Sealing / InsulationRebate$250
City of Boulder Professionally Applied Air SealingAir Sealing / InsulationRebate$250
City of Boulder Duct InsulationAir Sealing / InsulationRebate$250
Federal Weatherization Tax Credit (IRA 25C)Air Sealing / InsulationTax Credit30% of cost up to $1,200
Xcel Air Sealing RebateAir Sealing / InsulationRebate$200
Xcel Attic Insulation RebateAir Sealing / InsulationRebate$400
Xcel Wall Insulation RebateAir Sealing / InsulationRebate$350
Xcel Insulation & Air Sealing Bonus RebateAir Sealing / InsulationRebate$600
Federal Electrical Panel Upgrade (IRA 25C)Electrical Work / Panel UpgradeTax Creditup to $600
Federal EV Charging Tax CreditElectrical Work / Panel UpgradeTax Credit30% of the cost of hardware and installation, up to $1,000
Boulder County Cold Climate Heat Pump RebateHeat PumpRebate$300
Boulder County Removal of Gas Furnace or BoilerHeat PumpRebate$100
City of Boulder Cold Climate Air Source Heat Pump - DuctedHeat PumpRebate$400
City of Boulder Cold Climate Air Source Heat Pump - DuctlessHeat PumpRebate$400
City of Boulder Non Cold Climate Air Source Heat Pump - DuctedHeat PumpRebate$250
City of Boulder Non Cold Climate Air Source Heat Pump - DuctlessHeat PumpRebate$250
City of Boulder Natural Gas Furnace or Boiler RemovalHeat PumpRebate$500
City of Boulder Modify Natural Gas Furnace with Heat Pump Add OnHeat PumpRebate$500
Colorado State Income Tax Credit - Heat Pump HVACHeat PumpTax Credit$1,500
United Power Cold Climate Heat Pump Rebate - Greater than 2 tonsHeat PumpRebate$600
United Power Cold Climate Heat Pump Rebate - Less than or Equal to 2 tonsHeat PumpRebate$300
Xcel Cold Climate Heat Pump DiscountHeat PumpRebate$2,200
Xcel High Efficiency ASHP/MSHP DiscountHeat PumpRebate$1,700
PV REA Cold Climate Heat Pump - Greater than 2.1 ton systemHeat PumpRebate$2,800
PV REA Cold Climate Heat Pump - Less than 2.1 ton systemHeat PumpRebate$1,500
Boulder County Heat Pump Hot Water HeaterHeat Pump Water HeaterRebate$100
Boulder County Removal of Gas Water HeaterHeat Pump Water HeaterRebate$100
City of Boulder Electric Heat Pump Water Heater RebateHeat Pump Water HeaterRebate$250
City of Boulder Electric Heat Pump Water Heater RebateHeat Pump Water HeaterRebate$500
Colorado State Income Tax Credit - Heat Pump Water HeaterHeat Pump Water HeaterTax Credit$500
United Power Heat Pump Water Heater RebateHeat Pump Water HeaterRebate$200
Xcel Heat Pump Water Heater Discount, Smart HPWHHeat Pump Water HeaterRebate$800
PV REA Heat Pump Water Heater RebateHeat Pump Water HeaterRebate$350
Federal Heat Pump/HPWH Tax Credit (IRA 25C)Heat Pump Water Heater / Heat PumpTax Credit$2,000
Boulder County Removal of Gas StoveInduction StoveRebate$100
City of Boulder Removal of Natural Gas Stove or CooktopInduction StoveRebate$200
Boulder County Rooftop or Ground-Mounted Solar RebateSolarRebate$200
City of Boulder Solar PV Fuel SwitchingSolarRebate$500
Federal PV Array Income Tax CreditSolarTax Credit30%
Colorado State Income Tax Credit - StorageStorageTax Credit10% of purchase price
Federal Battery Storage ITCStorageTax Credit30% of cost