Incentives for High-Performance Homes
There are two primary sources of incentives for high-performance homes, Xcel Energy and the Colorado Energy Office. Additional details about each program can be found below.
Xcel Energy Incentives for Rebuilding Residents
Xcel Energy is offering one-time incentives specifically for those who lost their homes in the Marshall Fires. As you look to rebuild your home, consider one of several ways to incorporate energy efficiency from the ground up. The incentives will be paid out as a rebate at the time you take possession of your new house. These incentives apply to new homes built to replace properties destroyed in the Marshall Fire.
UPDATE as of June 2024: the Colorado Public Utilities Commission (PUC) has unanimously approved a one-year extension for all Xcel Marshall Fire Rebuild Rebates for those customers who lost their home and are rebuilding. The new deadline for receipt of an approved permit will be June 30, 2025, for the mixed fuel rebate tiers. Additionally, as of June 30, 2025, Xcel Energy will no longer issue incentives to new residents who purchase a parcel where the home was destroyed by the Marshall Fire and build a new home. See the Marshall Fire Rebuilding Rebates here for more information.
| Home Certification Standard | Rebuilding Homeowner Incentive* |
|---|---|
| 2021 International Energy Conservation Code or Boulder County BuildSmart Code | $7,500 |
| ENERGY STAR® v3.2 | $10,000 |
| Zero Energy Ready Homes v2 | $12,500 |
| ENERGY STAR® + NextGen | $17,500 |
| Passive House (PHI/PHIUS) | $37,500 |
* Rebuilding Homeowner Incentives are available to Marshall Fire-affected residents who lost their home, choose to rebuild on their same parcel, and previously had an Xcel Energy account. Rebates available for homes permitted on or before June 30, 2025. New residents who purchase a parcel where the home was destroyed by the Marshall Fire and build a new home are no longer eligible for incentives.
Xcel Energy Marshall Fire Reconstruction Rebate Registration
Submitting Your Claim
State of Colorado $10,000 Electrification Rebate for Rebuilding Residents
The Colorado Energy Office is providing $10,000 for high efficiency electric homes or rental units that are built to the 2021 International Energy Conservation Code, BuildSmart, or stronger standards. This will support the installation of NEEP certified cold climate heat pumps, heat pump water heaters, and electric stoves (either electric resistance or induction) and may be combined with the incentive program offered by Xcel Energy for Marshall Fire victims.
Only primary homes will be eligible (not vacation homes or other second homes). The intent will be to offer this in both the Marshall Fire and East Troublesome Fire areas, working collaboratively with local government.
The Colorado Energy Office (CEO) Electrification Rebate Program will close to new applications on April 30, 2025. Eligible property owners who have a building permit filed by April 30, 2025, will be automatically added to a queue. A certificate of occupancy and rebate application (including verification of correctly installed qualifying equipment) must be submitted by April 30, 2026.
To claim your rebate, fill out this household form and this contractor form.
Questions? Check out the FAQ here.
Ground-Source Heat Pump Disaster Recovery Grant Pilot
The Colorado Energy Office (CEO) is pleased to announce a new, streamlined offering to support the adoption of ground-source heat pump technology as part of the CEO’s Electrification Rebate Program created through SB22-206. Residential structures lost in state declared disasters since 2018, including from the Marshall Fire, which are rebuilt with qualifying ground-source heat pumps will qualify for a one-time grant of $10,000 with the Ground-Source Heat Pump Disaster Recovery Rebate.
| Rebate Amount: | $10,000 per household is available if a qualifying ground-source heat pump is installed at a home qualified for the State of Colorado Housing Recovery Program. This grant additive to any other funding a household may be eligible to receive.
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| Ground-Source Heat Pump Qualifications: | The ground-source heat pump system must meet the criteria defined C.R.S. 39-26-732(2)(b), including being designed to supply at least eighty percent of total annual heating for the building. Additionally, the installing contractor of the loop system must be accredited by the International Ground Source Heat Pump Association (IGSHPA). |
| How to apply: | Simply provide the information regarding your ground-source heat pump system in the Electrification Rebate Program Registration form. [UPDATED FORM IN DEVELOPMENT]
Below is the information that will need to be provided on the claims form to receive payment: – Contact informaton for your general contractor and mechanical contractor – A copy of the contractor’s IGSHPA certification – Make and model of the heat pump installed at your property – Picture(s) of the data sticker on your geothermal unit(s) |
| Questions: | Any questions regarding the Ground-Source Heat Pump Disaster Recovery Grant may be directed to Robby Schwarz at Robby@buildtankinc.com and by phone 303-927-0025. |
State of Colorado Disaster Resilience Rebuilding
The Disaster Resilience Rebuilding Program consists of two components, a grant program and a loan program. The Resilience Rebuilding Grant (RRG) provides funding to qualifying homeowners for rebuilding homes in the wake of wildfires, high winds, floods, and other state and federally declared disasters. The aim is to promote rebuilding in accordance with high performance building standards adopted by local communities and voluntary sustainable building elements that exceed local code requirements, including the incorporation of fire-resistant building materials and energy efficiency measures.
The loan fund is for eligible households that do not income qualify for the grant, but still require additional resources to rebuild their home. Together, this program aims to help Coloradans who have been affected by natural disaster not only rebuild their homes, but produce healthier, safer and more resilient homes throughout the state.
The first phase of this program focuses on rebuilding owner-occupied homes. Other phases will follow if funding is available. To learn more about the Disaster Resilience Rebuilding Program and determine eligibility click the link below
Eligibility and More InformationRENU Solar Loans Available for Marshall Fire Rebuilds
The Colorado Residential Energy Upgrade (RENU) Loan, sponsored by the Colorado Clean Energy Fund (CCEF) in partnership with Colorado-based credit unions, is a statewide residential loan program that offers low-cost long-term financing for energy efficiency and renewable energy improvements. CCEF and Elevations Credit Union have designed a new process specifically for Marshall Fire rebuilders looking to add solar during construction.
Learn MoreLevels of Home Performance Certification
For an updated look at certifications and incentives for high-performance homes please visit the link below. It is arranged by building certification type, increasing performance, comfort, and efficiency from left to right.
EEBC and EnergySmart’s Marshall Fire Home Performance ComparisonXcel Marshall Fire Recovery Resources Webinar Series
REBUILDING BETTER WORKSHOP #2: MATERIALS AND EQUIPMENT FOR A RESILIENT REBUILD
Questions?
Feel free to contact an energy advisor at 303-544-1000 or info@energysmartyes.com
If you have questions about Xcel’s energy incentives for rebuilding residents please contact Xcel Energy’s Community Recovery Line at 866-672-3834.