| Rebate applications will be closed January 5 - 11 for updates. Deadline to submit 2025 rebate applications is February 16, 2026. |
A heat pump water heater is a highly efficient way to provide hot water in your home, and it can save you up to 30% or more per year in fuel costs compared to propane or electric resistance water heaters.
Eligibility and Application Details
Click each of the items below to learn more.
- Submit applications within 90 days of completed installation or certificate of occupancy (new construction).
- Installations must take place in LPEA’s service territory.
- Heat Pump Water Heaters must have a minimum 30-gallon capacity.
- Heat Pump Water Heaters must be Energy Star rated.
- LPEA reserves the right to inspect installations.
2026 Income Qualification Limits
We know the cost of living is pretty high around here, so we're offering added savings for our income-qualified members who earn up to150% of the area median income (AMI).
To be eligible for an income-qualified rebate, you must register through the Colorado Energy Office and receive a confirmation email from them verifying your income status.
Learn more about additional rebate opportunities through the Colorado Energy Office on their website.
Complete the form below.
Jump to Application
You will need to upload:
- Proof of purchase and info/spec sheets for units installed.
- IRS W-9 IRS W-9 form completed by the member/rebate recipient. A W-9 is kept on file by LPEA as proof of allocation of funds. Any tax liability is the responsibility of the rebate recipient. View W-9 Guide here. Name on W-9 must match name on rebate check.
- Rebates available while funds last.
- Applications typically take 8-10 weeks to process.
- Heat pump water heater rebates are remitted as a check. Standard electric water heater rebates are remitted as a bill credit.
- If you are applying for an income-qualified rebate, you must register through the Colorado Energy Office and receive a confirmation email from them verifying your income status. Please either attach an image of that email with your application or forward the confirmation email to rebates@LPEA.coop.
Custom Commercial Space Heating and Water Heating Rebates
LPEA offers custom rebates for commercial space heating and water heating. If you are considering a project that does not fit into our existing heat pump or heat pump water heater programs, we will evaluate the project on a case-by-case basis. Projects could include VRF heat pumps, central water heat pumps, or combi systems, but are not limited to these options alone.
Reach out to us at rebates@lpea.coop with a brief description of the project.
Rebate amounts will be determined based on the specifics of the project, energy savings, and available rebate funds.
