As Colorado temperatures climb, so do your energy bills. But Xcel Energy’s generous rebate programs make summer the perfect time to upgrade your HVAC system. From high-efficiency air conditioners to smart thermostats, you can boost comfort and lower energy costs while locking in major savings.
What Are Xcel Energy Rebates and Who Qualifies?
Xcel Energy offers rebates to encourage homeowners to install energy-efficient HVAC equipment. These rebates help offset the upfront costs of upgrading your system while improving home comfort and reducing energy consumption.
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Xcel Rebate Eligibility Requirements
- Be an Xcel Energy residential electric or gas customer in Colorado
- Use a participating contractor for installation
- Choose qualifying energy-efficient equipment
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How the Rebate Process Works
When you upgrade eligible equipment, you can receive a rebate check in the mail or a discount applied directly through your contractor. The amount varies by equipment type, but savings can range from $200 to over $1,500, depending on the upgrade.
5 Reasons Summer Is the Best Time to Claim Your Rebates
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Higher Energy Use, Bigger Savings
Your HVAC system works hardest in the summer. Upgrading now means you’ll start saving immediately during peak energy months when it counts the most.
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Full Installation Teams on Standby
Summer is prime HVAC installation season. That may sound like a downside, but it means L&M HVAC is fully staffed and equipped to handle installs quickly and efficiently.
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Rebate Funds Run Out
Some rebate funds are limited and available on a first-come, first-served basis. Acting in the summer helps ensure you lock in your rebate before funds run out for the year.
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Get Ahead of Winter Prep
A summer upgrade sets your home up for comfort all year round. A high-efficiency heat pump or improved insulation now will pay off with lower heating bills this winter.
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It’s the Sweet Spot for Scheduling
Book your upgrade before the late-summer rush and avoid long wait times.
Smart Summer Upgrades to Consider
L&M HVAC helps homeowners choose upgrades that qualify for rebates and deliver the most long-term value. Popular options include:
- High-efficiency air conditioners: Reduce your cooling costs and improve indoor air quality
- Heat pumps: Provide both heating and cooling; now eligible for even bigger incentives
- Smart thermostats: Optimize comfort and control remotely, with instant rebates
- Duct sealing and insulation improvements: Keep conditioned air where it belongs and reduce system strain
All of these are eligible under Xcel Energy’s rebate programs and may also qualify for federal tax credits.
Additional Incentives for Colorado Homeowners
✔ Federal Tax Credits
Under the Inflation Reduction Act, homeowners can receive 30% tax credits (up to $2,000) for qualifying energy-efficient upgrades, including heat pumps and insulation.
✔ State and Local Incentives
Some Colorado counties and cities offer additional rebates or property tax exemptions for energy upgrades. Check with your local government or utility provider to determine the available options in your area.
How to Get Started in 3 Easy Steps
At L&M HVAC, we make the rebate process simple. Here’s how:
1. Partner with an Xcel-Approved Contractor
L&M HVAC knows what qualifies and how to make it easy.
2. Gather Your Documents
We help you collect invoices, model numbers, and any paperwork needed.
3. L&M HVAC Handles the Rest
From install to rebate submission and tracking, we do the heavy lifting so you don’t have to.
Colorado Homeowners: Don’t Miss Out on Your Xcel Energy Rebates
Don’t wait, rebates are limited! Contact L&M HVAC today to schedule your free consultation and start saving.
Keep cool all summer long with a high-efficiency AC or heat pump system.
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