Rebate Information
In the U.S., our carbon emissions are four times as high as the global average, which means that we must reduce our energy consumption more than most other countries. Residential and commercial building heat make up 35% of our national carbon footprint, and personal transportation comprises an additional 17%.
There are plenty of rebates aimed at helping us choose to go all-electric in our homes, as well as with our vehicles. Going all-electric is the first step towards eliminating this huge portion of our carbon footprint. Electricity is far more efficient than natural gas for heating, and gasoline or diesel for transportation. It’s also safer, and at this point the Xcel electricity grid provides 42% renewable electricity, so if you’re not ready for your own solar panels, you can still reduce your carbon footprint by going all-electric.
When considering electric equipment, always check for rebates. There are plenty of them out there, but the equipment needs to qualify for the rebate, so it’s always best to check ahead. Also, you can get rebates from more than one source, so always apply for everything. For example, you can get rebates from both the City of Golden and Xcel for heat pumps, which doubles your rebate. Who wouldn’t want to take advantage of that?
City of Golden
The City of Golden has a wide array of rebates focused on home efficiency initiatives and conversion to all-electric homes and water savings, with additional rebates available for lower income households. There are also incentives to reduce carbon emissions of transportation with EV rebates, RTD discounts and electric bikes.
Xcel Energy
Xcel continues to provide rebates for homes and businesses for heat pumps and other equipment to move away from natural gas, and to improve energy efficiency. They also have programs to subscribe to 100% renewable energy from the grid for residents who can’t install local solar panels. They even offer rebates for home energy audits and insulation projects
State of Colorado
Rebates are available to low and medium income homeowners and renters living in existing single-family homes. Early in 2026, the program is expanding to include mobile and manufactured homes, as well as multifamily buildings.
Federal
There are currently no rebates available at the Federal level, but if this changes, any updates will be available at the following link, which also has some great information on going all-electric.