Xcel Energy Insulation Rebates Golden Denver CO
Xcel Energy Insulation Rebates are for homes heated primarily with Xcel Energy’s fuel. Improvements must be done by an Xcel Energy approved contractor like us to earn the rebates.
Air Sealing Rebates: 30% of the cost of sealing air leaks, up to $200. Rebates are contingent on reducing air leakage by 20%, as measured by us with a blower door test.
Attic Insulation Rebates: 30% of the cost, up to: $400. Attic insulation rebates are also contingent on reducing air leakage by 20%.
Xcel Energy’s rebates only qualify for single family homes or multifamily units with up to four units per building. **Rebates are not available for multi-family buildings with more than four units. For example, a townhome or apartment building with 5 units or more in the building does not qualify for rebates.
Tax Credits
Home efficiency upgrades can go a long way toward shrinking your carbon footprint, which is why the new tax code rewards residents who make climate-friendly renovations.
- What the Energy Efficient Home Improvement [Tax] Credit covers: Consumers can now get 30 percent back, (materials cost only, not labor) up to $1,200 per year, for energy-saving renovations like adding insulation to keep cool air out in the winter and inside in the summer. The rebate for households with moderate incomes covers 50% of these costs. Find out if you qualify here. If you would like professional advice about which changes to make, and safety/efficiency checks of your gas lines and gas-fired equipment, there is also a $150 tax credit per household for a home energy audit.
- When it starts and ends: The tax credit applies to projects completed between January 1, 2023 and the end of 2032.
- Who qualifies: As long as the improvements are made to a primary residence, you qualify. If you’re a renter or living in a multifamily building, you qualify too. Manufacturer’s Certification Statements may be needed.