Xcel Heat Pump Rebates for Colorado Customers

How Xcel Energy’s cold-climate mini-split rebate has worked and what affects the cost of a new system.

A room with a wall-mounted heat-pump system, wall-mounted
A room with a wall-mounted heat-pump system, wall-mounted
Xcle-Heat-pump

Rebates for Cold-Climate Mini-Splits

Xcel Energy has offered rebates to Colorado electric and gas customers who install cold-climate mini-split heat pumps. The published rebate has been as high as $2,150 per ton (12,000 BTU).

Rebate amounts and eligibility rules change. Check current program terms with Xcel Energy before relying on any figure here.

BBCOND can help identify equipment that meets the published requirements. Contact us for a free estimate.

To schedule service or request a quote, call 303-219-1000 or send us a message.

Published Efficiency Requirements

  • Efficiency minimums: 18 SEER2, 11.5 EER2 and 8.5 HSPF2.
  • Low-temperature performance: A heating COP of at least 1.75 at 5°F, listed on ashp.neep.org.
  • Heating capacity: Capacity at 5°F of at least 70% of the rated capacity at 47°F.
  • Who qualifies: Xcel customers with gas or electric service; both are not required.
A Daikin Wall mounted outdoor condenser for the heat-pump rebate program
A room with a wall-mounted heat-pump system, wall-mounted

What Affects Installation Cost

Daikin mini-split pricing depends on several factors. Homes more than 60 minutes from Denver add travel time. Units installed above the first floor may cost more depending on ladder access, and line sets of 15 feet or more between indoor and outdoor units add cost, as do electrical upgrades. Material costs have risen in recent years, so prices are subject to change and the final cost is set only after a site visit.

Financing is available through Wisetack.

Mark Rhodes
Mark Rhodes

Exceptionally polite and professional service – fast same day repair got me up and running quickly and efficiently.

Christian Powers
Christian Powers

Joe’s crew always take care of my issues quickly with expertise. I appreciate that they help with kindness and sympathy toward the homeowner; no condescension! They have helped me through issues dealing with a 5-year-old Fujitsu mini-split installation by another HVAC contractor who did not stand behind his work.

Hal Blanchard

BB-COND was great. Responsive and reasonably priced. I received an estimate within a day or two and my new PTAC unit was installed without an issues. Would definitely recommend them!

Kirstin Dahmer
Kirstin Dahmer

We’re a women-owned small business with 7 split units on-site. When one of them stopped working this summer we got a quick response from BBCOND (none of the other ac repair companies I reached out to even responded) and it was fixed within the week. They even showed me how to reset and clean the rooftop units so I can do basic maintenance myself. A few weeks later they fixed a dripping unit and a week after that we had them come back to do a thorough clean of all the units. These guys are prompt, efficient, friendly and the full clean ended up costing less than they initially quoted. Highly recommend!

Our expertise

Locally owned
Locally owned
We don't stop until the job is done
We don’t stop until the job is done
We only install the best HVAC products
We only install the best HVAC products

Frequently asked questions

  • How cold can these heat pumps operate?

    The cold-climate units we install are rated to operate down to -13°F and to deliver full heating capacity at 0°F.

  • Where do you offer free in-person estimates?

    Within 60 minutes of central Denver. Free in-person estimates are not offered in Evergreen, Colorado Springs, Fort Collins, Loveland, Nederland or the mountain towns.

  • What are SEER, EER and HSPF?

    SEER measures cooling efficiency over a season, EER measures it at a fixed condition, and HSPF measures heating efficiency over a season. Higher numbers mean greater efficiency.

Portfolio

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A tech installing a Ductless AC in Denver, Colorado
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