HVAC Rebates & Tax Credits
Save Big with Rebates & Tax Credits in 2026
Xcel Energy residential gas customers in Denver can take advantage of significant HVAC rebates. The most substantial incentives are for heat pumps and mini-splits.
We specialize in helping homeowners in South Denver navigate these savings programs, ensuring you get the maximum value from your investment.

Heat Pumps & Mini-Split System Rebates
Cold-Climate Heat Pumps (Ducted & Ductless/Mini-Split)
Up to $1,500 per heating ton at 5ยฐ F
Standard Air-Source Heat Pumps
$600 per cooling ton at 95ยฐ F
Mini-Split Systems
$1,500 per heating ton at 5ยฐ F

Colorado State Tax Credits
For qualifying air source heat pump installations, Colorado also offers state-level tax credits.
Typical state-level benefits include $1,000
Eligibility is based on system efficiency, installation date, and program rules.


Can the Xcel rebate and Colorado tax credit be combined?
Yes. A qualifying homeowner may generally combine the Xcel Energy rebate with Coloradoโs $1,000 heat-pump tax credit.
For example, a cold-climate system with three certified heating tons could potentially receive:
- Xcel Energy rebate: $4,500
- Colorado heat-pump tax credit: $1,000
- Combined savings: $5,500
Indoor Air Quality handles the paperwork for both the Xcel Energy rebate and the Colorado heat-pump tax credit.
Why Choose Indoor Air Quality, Inc. for Heat Pump Installation?
At Indoor Air Quality, Inc., we help homeowners identify all applicable rebates, select qualifying equipment, and ensure proper documentation for maximum savings.
Whether youโre upgrading to a air source heat pump or a mini split system, Indoor Air Quality, Inc. is here to simplify the process of claiming rebates and tax credits.
Call (303) 798-0500 or request an in-home assessment. With locations in Centennial and Aurora, we proudly serve homeowners across South Denver.





