All information is the most current available. All requirements and amounts are subject to change without notice. Please consult with a tax professional.
Rebate Information by Product
Other Heat Pumps (Space Heating & Cooling)
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate |
Up to $500/ton Air-Source Heat Pumps |
Must be “Cold Climate” rated LPEA Heat Pump Rebates |
|
| HEAR Program |
Up to $8,000 for Energy Star-certified electric cold-climate heat pump Up to $3,000 for ENERGY STAR-certified electric non-cold-climate heat pump |
**Income-qualified Colorado residents** HEAR Program FAQs |
|
| Colorado State Tax Credit | Up to $1,500 for Air-Source |
Handled by registered contractor and offered as a discount Colorado Energy Office |
|
| Federal Tax Credit (25D) | 30% of cost up to $2,000 |
Must meet CEE highest tier or ENERGY STAR requirements for ducted/ductless Must be primary residence; New construction and rentals don’t qualify Can be combined with credits up to $1,200 for other qualified upgrades made in one tax year Energy Star |
|
| Combined Maximum |
For a 2.5 ton cold climate heat pump system: Up to $10,750 (income qualified) Up to $4,750 (non-income qualified) |
Must meet all individual program requirements and have enough tax liability | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate |
Up to $500/ton Air-Water Heat Pump Up to $500/ton new Ground Source Heat Pump Up to $250/ton replacement Ground Source Heat Pump |
Most products qualify LPEA Heat Pump Rebates |
|
| HEAR Program |
Up to $8,000 for Energy Star-certified electric cold-climate heat pump Up to $3,000 for ENERGY STAR-certified electric non-cold-climate heat pump |
**Income-qualified Colorado residents** HEAR Program FAQs |
|
| Colorado State Tax Credit | Up to $3,000 for Ground-source, water-source, or combined-source |
Handled by registered contractor and offered as a discount Colorado Energy Office |
|
| Federal Tax Credit (25D) | 30% of cost for eligible costs (Uncapped) |
Must meet ENERGY STAR requirements Existing homes and new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify. Excess tax credit can be carried over to reduce tax owed in future years Energy Star |
|
| Combined Maximum | Dependent on system size and tax liability | Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate | $250 |
Weatherization work completed 6 months +/- of heat pump HVAC install LPEA Weatherization Bonus Rebate |
|
| HEAR Program | Up to $1,600 |
**Income-qualified Colorado residents** Insulation, air sealing, and mechanical ventilation products HEAR Program FAQs |
LPEA Rebate |
| Federal Tax Credit (25C) | 30% of cost up to $1,200 |
Up to 30% capped at the following amounts for each type of project:
All weatherization projects are combined with electrical panel upgrades for a total project cap of $1,200 per year. |
LPEA Rebate |
| Combined Maximum |
Up to $1,850 (income-qualified) Up to $1,450 (non-income qualified) |
Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate | $250 |
Complete a professional energy audit (BPI level or equivalent) Make at least one energy efficiency upgrade suggested in that audit |
Federal Tax Credit |
| Federal Tax Credit (25C) | Up to $150 |
Home energy audits must be performed by a certified home energy auditor Include a full home inspection and report Must be an existing home & principal residence New construction and rentals do not qualify Energy Star |
LPEA Rebate |
| Combined Maximum | $400 | Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate |
Up to $700 for Heat Pump $50 for standard electric if fuel switching or schedule managed |
Must be ENERGY STAR certified 30 gal minimum LPEA may inspect installations |
|
| HEAR Program | Up to $1,750 |
**Income-qualified Colorado residents**; Must replace gas/propane HEAR Program FAQs |
|
| Colorado State Tax Credit | Up to $500 |
Handled by registered contractor and offered as a discount. |
|
| Federal Tax Credit (25C) | 30% of cost up to $2,000 |
Must meet ENERGY STAR requirements Must be an existing home & principal residence New construction and rentals do not qualify Energy Star |
|
| Combined Maximum |
Up to $2,950 for Income Qualified Up to $3,200 for non-income Qualified |
Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate |
Up to $500 for Level 2 charger (Residential & Commercial) Half of circuit install cost up to $500 Up to $250($125 charger, $125 install) for unmanaged commercial chargers |
Must be Level 2 (240V) charger or cord and provide evidence of schedule (vehicle or charger) LPEA Residential EV Charger Rebate |
Federal Tax Credit |
| Federal Tax Credit (30C) | 30% of cost up to $1,000 |
Must be new installation at primary residence IRS Alternative Fueling Property Credit |
LPEA Rebate |
| Combined Maximum | Up to $2,000 | Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate |
$350 for new construction or fuel switch $100 for electric replacement |
Must be 30” or larger Verification of old gas appliance required if applicable LPEA Induction Cooktop Rebate |
HEAR Program |
| HEAR Program | Up to $840 |
**Income-qualified Colorado residents** Must replace gas/propane $840 maximum if combined with another qualifying appliance HEAR Program FAQs |
LPEA Rebate |
| Combined Maximum | Up to $1,190 | Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate | $90 |
Energy star rated LPEA Heat Pump Dryer Rebate |
HEAR Program |
| HEAR Program | Up to $840 |
**Income-qualified Colorado residents** Must replace gas/propane $840 maximum if combined with another qualifying appliance HEAR Program FAQs |
LPEA Rebate |
| Combined Maximum | Up to $930 | Must meet all individual program requirements | None |
| Incentive Source | Amount | Requirements & Links | Stackability Notes |
| LPEA Rebate |
Enrollment incentive $250/kW or $150/kW dependent on engineering review $8/kW bill credit monthly participation |
Abide by all LPEA Terms and Conditions of the program | Federal Tax Credit |
| Federal Tax Credit (25D) | 30% of eligible costs (Uncapped) |
Battery storage system must have a capacity of 3 kWh or greater Labor costs associated with installation are eligible Excess tax credit can be carried over to reduce tax owed in future years |
LPEA Rebate |
| Combined Maximum | System size and location dependent | Must meet all individual program requirements | None |
Important Notes
- Tier 1 (up to 80% AMI): Maximum benefits - Rebates can cover up to 100% of eligible costs for low-income households
- Tier 2 (81-150% AMI): Reduced benefits – Rebates can cover up to 50% of eligible costs for moderate-income households
- Maximum combined rebate: $14,000
- Cannot be combined with other federal rebates and grants for the same project
- Use a state registered contractor
- Equipment meets or exceeds standards
- Contractor properly offers at least one third of tax credit as a discount
- Annual household limit of $3,200 across most qualifying improvements
- Must have personal tax liability to maximize credits (Most are considered “nonrefundable”)
- Installation must be completed between 2023-2032
- Most rebates require application within 90 days of purchase or installation
- Must be LPEA member
- Professional installation usually required
- Equipment must meet minimum efficiency standards
- Pre-approval may be required for some programs
- Receipts and documentation required for all rebates