Colorado Energy Rebates Guide 2026

Colorado Energy Incentives

Colorado is one of the few states offering state-level tax credits for EVs and heat pumps on top of federal programs, making it one of the best states for energy savings.

Browse all Colorado rebates

Colorado EV Tax Credit

Colorado offers up to $5,000 in state tax credits for new EV purchases, stacking with the federal $7,500 credit for a potential $12,500 total savings. See EV rebates

Heat Pump State Credit

Colorado provides a state tax credit up to $1,500 for heat pump installation, on top of the federal 25C credit. See heat pump rebates

Xcel Energy Programs

Xcel Energy serves most of the Front Range and offers extensive efficiency rebates. See Denver area programs

Colorado Springs Utilities

COS Utilities offers its own rebate programs separate from Xcel. See Colorado Springs programs

Frequently Asked Questions

Colorado's $5,000 state tax credit plus the federal $7,500 credit means up to $12,500 off a qualifying new EV - one of the best EV incentive packages in the country.

Yes, Colorado offers a state tax credit up to $1,500 for heat pump installation, which stacks with the federal 25C credit of up to $2,000 for total credits up to $3,500.

Xcel Energy offers rebates for smart thermostats, HVAC systems, insulation, windows, water heaters, and EV charger installation for residential customers in Colorado.