Compare quotes on the installed price, then take each program off. Rebate amounts change during the year, and the installed price is the number two quotes have in common.
Where to find current amounts
Xcel Energy changed its heat pump rebates on October 1, 2026, so we don't print amounts here. See the current rebate amounts, and the cost calculator takes them off for your system.
Programs stack
One heat pump job can use several programs at once: the Colorado heat pump discount, Power Ahead Colorado and an Xcel rebate. Which ones you get depends on your utility, your address and the equipment.
Three have ended. Denver's Climate Action rebate and Colorado's income-qualified HEAR rebate are closed, and the federal 25C tax credit does not cover systems installed after 2025.
How it should look on a quote
The installed price comes first. Each program gets its own line with its name and amount, and what you pay comes last. If a quote shows only a price after rebates, ask for the full price too.
- Installed price
- Each program, named, with its amount
- Who files each application, and when
- Your price after the programs
What the programs are for
A furnace with a heat pump costs more up front than a new furnace and AC. The heat pump programs exist to close that difference. How much they close for your house depends on your equipment and address, and we can work it out from a few photos.
Send photos for a price with the programs that apply, or schedule an estimate.