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.
|Home Certification Standard||Rebuilding Homeowner Incentive*||New Homeowner Incentive**|
|2021 International Energy Conservation Code||$7,500***||$0|
|ENERGY STAR® v3.2||$10,000||$1,250|
|Zero Energy Ready Homes v2||$12,500||$2,500|
|ENERGY STAR® New Certification||$17,500||$5,000|
|Passive House (PHI/PHIUS)||$37,500||$15,000|
* 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.
** New Homeowner Incentives are available to new residents who purchase a parcel where the home was destroyed by the Marshall Fire and build a new home.
*** Or equivalent required energy code. Where adopted by the municipality and if the homeowner does not opt out.
Xcel Marshall Fire Recovery Resources Webinar Series
Xcel Energy is regularly updating a FAQ document about their incentives on their Marshall Fire page.
High-efficiency heating and cooling system
Advanced air sealing, high-quality insulation, and high-performance windows (which reduce leaks/drafts, provide more consistent temperatures, keep dust, pollen, and other allergens out, and reduce outside noise)
Comprehensive water management techniques protect against moisture damage
10% – 20% reduction in energy user over code-built home
Download the ENERGY STAR® v3.2 standards here: DRAFT ENERGY STAR Version 3.2
Download the ENERGY STAR® v3.2 ERI target here: ENERGY STAR Version 3.2 ERI Target
Comprehensive package of measures to minimize dangerous pollutants, provide continuous fresh air, and filter the air in the home
ENERGY STAR requirements + advanced technologies and practices
This type of home is so energy efficient that a small solar electrical system can easily offset most, or all, of its annual-energy consumption
Click Here to learn more about the Department of Energy “Zero Energy Ready” Home’s program: Department of Energy “Zero Energy Ready” Home
Download the Department of Energy’s ZERH v2 Program Requirements here: DOE Zero Energy Ready Home Version 2- Draft Program Requirements
Download the Department of Energy’s ZERH v2 checklist here: DOE Zero Energy Ready Home Version 2- Draft PV Ready Checklist
Download the EPA’s Indoor airPLUS specifications (required within ZERH v2) here: Indoor airPLUS Specifications
ENERGY STAR Certified cold-climate heat pump for heating/cooling
ENERGY STAR Certified heat pump water heater
Induction cooktop/range and electric ovens
Electric vehicle charging station
Click Here to find out more information on ENERGY STAR® NextGen program: ENERGY STAR NextGen
Download the ENERGY STAR® NextGen Rater Field Checklist Here: ENERGY STAR NextGen National Rater Field Checklist
Reduces heating and cooling costs by 60%-80% over code-built home
Click Here to learn more about the Passive House Institute: Passive House Institute
Click Here to learn more about the Passive House Institute of the United States: Passive House Institute US
Either Passive House Institute or Passive House Institute US is allowed when applying for the Xcel incentive.
State Grant for Rebuilding Residents
The first offering in the sustainable rebuilding program will be a grant program that will provide $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 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 details of timing and program administration are still being finalized.
Feel free to contact an energy advisor at 303-544-1000 or email@example.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.