2024 Heat-pump Rebates for Colorado Residents
- For Colorado, 2024 has brought some changes to the heat pump market.
- The state now has total sales taxes on all heat pump materials; in 2023, there was no state sales tax on heat pumps.
- State rebates are limited to $1500, provided by the contractor, so chances are you will see fewer installers offering the state rebates.
- Stack Xcel Energy rebates with the new Power Ahead Colorado incentive (about $1,500 for Denver-metro homeowners) for even bigger savings.
- Xcel Energy has the best Reabtes to date, offering $2200 per condenser with no limit on the number of condensers you can install.
- We have increased to $12,000 for a single customer back from Xcel by installing multiple single-zone systems from Dakin with working temperatures of -13 outside. and 27SEER.
FAQ
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What is the average cost for a single-zone Daikin system in Denver?
$5000-$7500, depending on the BTUs and the electricity to the outdoor condenser unit.
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How many single-zone systems can you install?
That depends on the electric panel and if you can add additional 220V breakers.