Blue Horse Heat and AC
Xcel Energy Programs
Typical Rebate Amounts
Cold-Climate Heat Pump
Up to $2,000+
Ideal for primary heating, these advanced systems offer the highest efficiency and largest rebates when replacing an existing electric or gas heating system.
Dual-Fuel Hybrid Setup
Up to $1,500+
Combine a heat pump with your existing furnace. This hybrid approach provides high-efficiency cooling and moderate-weather heating savings.
Standard Upgrades
Up to $800+
Baseline efficiency upgrades that still qualify for meaningful utility credits, perfect for replacing aged AC units with versatile heat pump technology.
Upgrade to a Cold-Climate Heat Pump & Get Paid to Save.
Colorado homeowners, there has never been a better time to upgrade your home's comfort. Xcel Energy is offering substantial rebates for heat pump installations, helping you transition to high-efficiency heating and cooling while keeping your energy bills low and your home cozy year-round.
Homeowner Eligibility for Xcel Rebates
Served by Xcel Energy
You must be a current residential electricity customer of Xcel Energy in Colorado with an active account in good standing.
System Replacement
The project must involve replacing an existing cooling system or adding a heat pump to work alongside your current heating source.
Qualifying Equipment
Rebates apply to the installation of ENERGY STAR® certified air-source heat pumps, including cold-climate models and mini-split systems.
Contractor Installation
Work must be performed by a licensed HVAC contractor, like Blue Horse Heat & AC, who is authorized to coordinate Xcel inspections.