Tax Credits and Rebates You Should Know About Before Purchasing a Heat Pump

Upgrading to an energy-efficient heat pump can save you money on your utility bills while providing a more comfortable home environment. While certain federal tax credits have expired, homeowners may still qualify for state and utility rebates that can significantly reduce installation costs. Indoor Air Quality, Inc., a Denver-based HVAC company, is here to help you navigate available incentives and maximize your savings.

Rebates and Incentives

Colorado homeowners can still take advantage of state, utility, and manufacturer rebate programs for qualifying heat pump installations.

To explore your options, you can:

• Check with your local utility provider for current rebate offerings.
• Review available state-level incentive programs.
• Ask about manufacturer promotions on high-efficiency equipment.
• Consult with Indoor Air Quality, Inc. for guidance on current rebates, installation specials, and system eligibility requirements.

Xcel Energy rebates have increased in 2026, making high-efficiency heat pumps more affordable for eligible homeowners.

What’s Included in a Heat Pump Installation Quote?

When you request a heat pump quote, you’ll want to understand exactly what’s included. By hiring a trusted HVAC company, you avoid hidden fees and receive a transparent breakdown of costs upfront.

Example Heat Pump System Costs in 2026 in the Denver Metro Area:

• The cost of purchasing and installing a Rheem Endeavor RD18AY 3-ton heat pump is $20,000 – $23,000.
• Rebates in this situation may range from $4,500 – $7,500, depending on eligibility and utility provider.
• This system includes a back up furnace and thermostat.
• The estimated total cost after applicable rebates is $12,500 – $18,500, depending on incentive qualification.

Indoor Air Quality, Inc.: Your Denver HVAC Experts

At Indoor Air Quality, Inc., our knowledgeable professionals are dedicated to staying current with industry advancements and providing expert advice on the best energy-efficient heat pump options for your home. We’re here to help you maximize available rebates and current incentive programs.

Our customer-focused team takes pride in offering prompt service and maintaining our commitment to cleanliness during service calls. With extensive experience and certifications like the North American Technician Excellence, Inc. (NATE) certification, we are equipped to support homeowners throughout the Denver metro area, ensuring a smooth process from purchase to installation.

Before you purchase a heat pump for your home, let Indoor Air Quality, Inc. assist you in understanding the available federal tax credits and rebates. Reach out to us today, and together, we can work towards creating a more energy-efficient, comfortable space for your family.