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Water Heater Rebates - CO

Water Heater Rebates

Colorado customers can get an energy-efficient water heater and earn a rebate.

Overview

Did you know that the second largest energy user in the home is typically the water heater? Our water heater rebates put cash in your pocket now and offer energy savings throughout the lifetime of the equipment. Rebates are available for natural gas standard tank, natural gas tankless or electric heat pump water heaters.

Benefits

You can install the water heater yourself or use a contractor. The benefits of a high efficiency water heater include:

  • Cost. High efficient equipment cost less to operate.
  • Water heater rebates. Rebates lower the initial cost of the equipment.
  • Environmentally smart. These units use less energy to operate, and that’s good for the environment

When making a purchase decision, remember the higher the EF (Energy Factor) number, the more efficient the water heater and the higher your rebate amount. You can also use the most innovative technology in water heating by installing a tankless water heater, with the highest efficiency of all types of units as it heats the water only when you need it.

Who Qualifies

The following eligibility requirements apply to all Colorado water heater applicants:

  • You must be an Xcel Energy gas or electric customer. To qualify for the natural gas water heater rebates, you must be an Xcel Energy natural gas customer. To qualify for the electric rebate, you must be an Xcel Energy electric customer.
  • The application deadline for units purchased and installed between January 1, 2012 and December 31, 2012 is July 31, 2013 (applicants will qualify for 2012 rebate levels).
  • For units purchased installed in 2011, the application deadline is July 31, 2012 (applicants will qualify for 2011 rebate levels).

Rebates for new home construction should be negotiated between the builder and resident or new home buyer to determine who receives the rebate.

Appliance Energy Efficiency 2011 Rebate 2012 Rebate
Natural Gas Standard Tank Water Heater .62 EF+ $25 $25
.65 EF $70 $70
.67 EF $90 $90
Natural Gas Tankless Water Heater .82 EF $50 $100
Electric Heat Pump Water Heater* N/A $450

+ Energy Factor (EF) is the measure of overall efficiency for water heaters.

*Must have electricity as the heat source.

How to Get Started

The rebate application process is straightforward, giving you another reason to feel good about installing an energy efficient water heater.

Most contractors will have information and application forms for this rebate program. If your contractor does not, just call us at 1-800-895-4999 and ask for form #1961 or you can download, print and complete the 2011 or 2012 form. Please be sure to keep a copy for your records. See rebate application links below.

Additional Information

Your rebate will take at least six weeks to process after the application has been submitted. Rebate applications are processed individually; you will receive one check per application if approved. If you have any questions on our water heater rebates, call 1-800-895-4999.