M–F 8am – 5pm · Serving Colorado homeowners
(303) 598-5655
Golden Plumbing Company
2026 Xcel Energy Rebate Program

Save up to $2,250 on a heat pump water heater.

Colorado homeowners can claim significant rebates through Xcel Energy, especially when participating in their Whole Home Efficiency (WHE) program. We handle the paperwork — you get the savings on the spot.
Schedule Evaluation (303) 598-5655
Receive savings upfront
Rebate paperwork included
Permits & inspections handled

What you can receive

Real money back in your pocket

Qualifying heat pump water heater systems installed in 2026 are eligible for layered incentives through Xcel Energy.

Standard rebate

$750

Base rebate for qualifying ENERGY STAR® heat pump water heaters. No audit required!

WHE Rebate

$2,250

Must enroll in the WHE program and complete a home energy audit first.

MAX SAVINGS

WHE Rebate + Bonus

$2,437

Complete 2 additional measures through the WHE program & save $2,437 on your water heater + more rebates on the other upgrades.

Important: A home energy audit is required first for WHE rebates

To qualify for Whole Home Efficiency rebates, homeowners must complete a qualifying audit before installation.

  • Audit scheduling typically takes 4–6 weeks — plan ahead.
  • Waiting until failure may force you to replace the water heater before an audit is completed. WHE rebates will not be obtainable.

How it works

The Whole Home Efficiency process

A clear path from eligibility to rebate. We guide you through every step.

1

Home Energy Audit

Xcel Energy Colorado residential customer.

2

Energy audit

Complete the required home energy audit.

3

Enroll in WHE

Sign up for the Whole Home Efficiency program.

4

Install upgrades

We install your qualifying heat pump water heater.

5

Get rebates

We install your qualifying heat pump water heater.

Qualifying upgrades

Stack savings across your home

Complete three or more qualifying upgrades within two years to unlock a additional rebate bonuses.

  • Heat pump water heater installation
  • Air sealing improvements
  • Insulation upgrades
  • Heat pump HVAC systems
  • Additional qualifying efficiency measures

How we help

We make rebates effortless

We handle the technical and procedural side of installation so you can focus on the savings.

  • Evaluate whether a heat pump water heater fits your home
  • Install qualifying ENERGY STAR® equipment
  • Coordinate permits and inspections
  • Take care of all rebate documentation for you
  • Get the rebate applied on the spot
  • Help you plan next steps in the WHE process

Common questions

Xcel Energy rebate FAQ

Ready to save on your water heater?

Schedule your evaluation today and start the rebate process. Thinking ahead pays off — literally.

Call (303) 598-5655Request Service