Rebate Program Overview

Save $1500 when you upgrade to an energy-efficient heat pump. 

Heat pumps provide year-round comfort while using less energy than conventional heating and cooling systems. They’re a greener, healthier choice, too.

Now, you can save $1500 when you put energy-efficient heat pump technology to work in your home. Our money-saving rebates offer an easy preapproval process and may be combined with other rebates available through your utility or local government—helping you save even more on your upgrade. 

A couple on a bench, 2 HVAC technicians working on a heat pump next to a home, with mountains and a city in the background

 

We’ve made it simple to save on a new heat pump. 

Hire a contractor 
Select a Power Ahead Colorado contractor and plan your project. Participating contractors can be found on the Contractor Finder. Look for the Power Ahead Colorado badge.

Get preapproved 
Have your contractor submit the project to Power Ahead Colorado for review. Our team will reach out to verify the details and confirm your eligibility and rebate amount.

Schedule the installation 
Once your contractor completes the upgrade, you can start enjoying improved comfort and efficiency right away.

Get paid 
With the project complete, your contractor will submit the final required documentation to Power Ahead Colorado. We'll ask you to review the project details and confirm whether the rebate should be issued to you or your contractor.

 

Eligibility requirements

Projects must:

  • Be in a municipality or county that participates in DRCOG
  • Be a retrofit project in an existing building—new construction is ineligible
  • Fall within one of the following property types:
    • Single-family homes
    • Multi-family buildings
    • Commercial buildings
  • Be completed by an approved contractor listed on our Contractor Finder
  • Be submitted by the contractor to Power Ahead Colorado before work begins

The Denver Regional Council of Governments (DRCOG) has contracted with Vermont Energy Investment Corporation to implement Power Ahead Colorado’s Incentives & Energy Advising program. Please read the complete Terms & Conditions. 

Rebate Program Overview

Coming soon: More ways to save

While our program’s initial phase focuses on cold-climate air-source heat pumps installed in existing buildings throughout the DRCOG service area, future phases will expand incentives. Stay tuned for opportunities to save on other types of heat pumps, heat pump water heaters—even custom rebates for commercial and multifamily projects.