Mountain Energy Project · Xcel Energy · 2025–2026
Dillon, Colorado · ZIP 80435 · Summit County · 9,066 ft
Mountain Energy Rebates
in Dillon, CO
Dillon sits at the heart of Summit County on the shores of Dillon Reservoir. With frigid winters and a growing year-round population, Mountain Energy rebates make high-efficiency heat pump upgrades a smart investment for both homes and local businesses.
Active Xcel Energy natural gas service required
Must be in Dillon ZIP 80435
Replacing existing gas equipment
Residential & commercial customers both eligible
Electric-only customers do not qualify
Hydronic baseboard limits boiler rebates
2025–2026 Program Year
Rebate Amounts for Dillon
All rebates below are available to qualifying customers at Dillon ZIP 80435. Early Replacement applies when existing equipment is 10 years old or less and still operational.
Residential
Heat Pumps & HVAC
| Equipment | Minimum Specs | Early Replacement ≤10 Yrs & Operational |
Replace on Burnout |
|---|---|---|---|
| Cold Climate Mini-Split (ccASHP) Non-Ducted |
16 SEER2, 9 EER2, 9.5 HSPF2 COP ≥1.75 at 5°F; capacity ≥70% at 5°F vs 47°F |
$7,500per heating ton at 5°F | $4,000per heating ton at 5°F |
| Cold Climate Heat Pump (ccASHP) Ducted |
15.2 SEER2, 10 EER2, 8.1 HSPF2 COP ≥1.75 at 5°F; commissioning form required |
$7,500per heating ton at 5°F | $4,000per heating ton at 5°F |
| Cold Climate Heat Pump (ccASHP) Mixed Ducted |
15.2 SEER2, 10 EER2, 8.1 HSPF2 COP ≥1.75 at 5°F; heating capacity ≥70% at 5°F |
$7,500per heating ton at 5°F | $4,000per heating ton at 5°F |
| Ground Source Heat Pump (GSHP) Closed-loop only |
16 EER2, 3.3 COP full load Listed on AHRI or energystar.gov |
$20,000per heating ton | $15,000per heating ton |
| Natural Gas Furnace High-Efficiency |
95%+ AFUE Must replace non-condensing furnace |
$3,000flat rebate | $1,000flat rebate |
| Natural Gas Boiler High-Efficiency |
95%+ AFUE Not available for hydronic baseboard premises |
$3,000flat rebate | $1,000flat rebate |
| Heat Pump Water Heater Replaces gas boiler providing space + water heat |
ENERGY STAR® rated Max 80-gallon residential tank |
$4,000flat rebate | $2,250flat rebate |
| New Construction ccASHP Mini-split or ducted |
Same efficiency standards as replacement Existing gas equipment removal not required |
$1,500per heating ton at 5°F | |
Residential
Insulation & Air Sealing
| Improvement | Minimum Standard | Max Rebate | |
|---|---|---|---|
| Attic Insulation | Pre R-value <24; post R-value ≥60 | $2,550 | |
| Wall Insulation | Empty wall cavity before installation; post R-value ≥13 | $1,800 | |
| Air Sealing | Minimum 20% reduction in CFM 50 blower door test | $1,125 | |
Insulation and air sealing rebates require a participating Xcel Energy contractor. A blower door pre- and post-test is required. Air sealing alone does not qualify without qualifying insulation.
Commercial & Industrial
Heat Pumps & Cooling
| Equipment | Notes | Early Replacement | Replace on Burnout |
|---|---|---|---|
| Cold Climate Mini-Split / ccASHP ≤5.4 tons · Prescriptive |
Same cold climate specs as residential | $7,500per heating ton at 5°F | $4,000per heating ton at 5°F |
| VRF System ≤5.4 tons · Prescriptive |
Variable refrigerant flow multi-zone | $9,275per ton | $7,400per ton |
| Ground Source Heat Pump Closed-loop · Prescriptive |
Listed on AHRI or energystar.gov | $10,000per heating ton | $7,500per heating ton |
| Gas Boiler (Condensing) Up to 120k BTU · Prescriptive |
Non-condensing boilers not eligible | $17,500per MMBTU/h | $9,300per MMBTU/h |
| Gas Boiler (Condensing) Over 120k BTU · Prescriptive |
Non-condensing boilers not eligible | $17,500per MMBTU/h | $9,300per MMBTU/h |
| Heat Pump Water Heater Light Commercial |
Replace-on-burnout only | $5,375per unit | |
| Heat Pump Water Heater Commercial |
Replace-on-burnout only | $15,000per unit | |
Limited Time
⏰ Install & Invoice by April 15, 2026
Mountain Energy Launch Promotion
On top of the standard rebates, Xcel Energy is offering an additional $2,000 bonus for any heat pump or heat pump water heater installed and invoiced by April 15, 2026. Audit bonuses also available.
Lock In Your Bonus — Call Now
Heat Pump Installation Bonus
+$2,000
Infrared Audit Bonus
+$300
Blower Door Audit Bonus
+$240
Standard Audit Bonus
+$150
Program Rules
Key Eligibility Rules
These rules apply to all Mountain Energy Project rebates at Dillon (80435).
You Must Have
- Active Xcel Energy natural gas service at the Dillon property
- Existing gas equipment being replaced by the new system
- Equipment invoiced and installed on or after Dec. 15, 2025
- New qualifying equipment — no used, leased, or pre-owned
- Full removal of old gas equipment certified by customer + contractor
Early Replacement Requirements
- Existing equipment must be 10 years old or less
- Equipment must be operational at time of removal
- Both customer and contractor must certify operational status
- Manufacturer, model, and serial number of old equipment required
- Xcel Energy may conduct a random inspection to verify
Not Eligible
- Electric-only customers (no Xcel natural gas service)
- Equipment currently using electricity as its fuel source
- Gas boiler upgrades where hydronic baseboard distribution is present
- Rebates exceeding actual equipment + labor costs
- Duplicate rebates under another Xcel Energy program
Rebate Caps
- Maximum rebate equals the lesser of the stated amount or your actual project cost
- Total from all rebate sources (Xcel + state + local) cannot exceed total project cost
- Rebates are paid on a first-come, first-served basis — funding is limited
- Program terms subject to change — verify current amounts before committing
Explore Full Program Details
Residential
Full Residential Rebate Program Guide
→ View all residential rebates
Commercial & Industrial
Full Commercial Rebate Program Guide
→ View all commercial rebates
Our Services
Mini-Split & Heat Pump Installation
→ Learn about installation
Get Started
Request a Free Estimate in Dillon
→ Contact us today
Mountain Energy Project is also available in these communities:
Ready to Claim Your Dillon Rebate?
We’re a certified Xcel Energy participating contractor. We credit your rebate upfront — you pay the net amount on installation day.