Federal Tax Credits & Incentives for Homes
Federal Tax Credits & Incentives for Homes and Residential Buildings
Residents, businesses, community organizations, and governments can save money by reducing energy use and emissions.
Funding opportunities are available to eligible residents, families, businesses, community organizations, and government partners for appliance and building system upgrades that reduce emissions. These upgrades help save on energy costs once installed.
To learn more about federal home energy improvement incentives, please view:
Inflation Reduction Act Home Energy Rebates:
Rebates from the Inflation Reduction Act are not yet widely available.
The Colorado Energy Office (CEO) received $140 million in federal funding for two programs that will provide rebates to Colorado homeowners and renters for home energy efficiency improvements and electrification upgrades. CEO is finalizing development of both Home Energy Rebate programs.
- The Home Electrification and Appliance Rebate program (HEAR) provides financial incentives to income-qualified homes and multifamily buildings for upgrades such as heat pumps, heat pump water heaters, and electric load service centers and wiring. HEAR rebates will be available for technologies such as heat pumps, heat pump water heaters, and electric load service centers and wiring.
- The Home Energy Efficiency Rebate program (HER) will provide whole home energy efficiency upgrades for mobile/manufactured homes and large multifamily buildings. Rebates will target measures that maximize energy and cost savings with rebate amounts varying based on household income and energy savings.
View Colorado Home Energy Rebate Program Frequently Asked Questions
Sign up to be notified when the rebate programs become available
Program Updates as of May 2025
CEO launched a first phase of the HEAR program through the Weatherization Assistance Program (WAP) Fall 2024. The state dedicated $7.6 million for this initial phase.
The full HEAR and HER programs, including direct-to-consumer rebates, are expected to launch later this year. CEO is currently finalizing the rebate program details and developing an outreach and engagement strategy.
To receive rebates, home and building owners will need to work with registered contractors from the CEO Home Energy Rebate Program contractor network for electrification and energy efficiency upgrades.
Contractor Interest Sign Up Form
CEO will open contractor registration and training before the program launch. Contractors will submit business licenses, insurance information, certifications, and other relevant information. CEO will release full details this summer.
Sign up for Home Energy Rebate Program Contractor Updates
Additional Resources
The state and utility companies also provide funding opportunities for upgrades including electrification, renewable energy, and energy efficiency technologies.
Find Incentives Available to You
Residents can also receive the Colorado Heat Pump Tax Credit as an upfront discount on the installation cost of qualified heat pump technology through a registered contractor.
Additionally, the Colorado Energy Office’s Weatherization Assistance Program provides no-cost home energy improvements to help income-qualified Coloradans save money, reduce emissions, and increase home comfort and safety. The Weatherization Assistance Program is not a rebate program.
View the Weatherization Assistance Program page to learn more
Find your utility and local government rebates! Many utilities, cities, and counties offer rebates to offset the cost of home energy improvements.
Discover Utility and Local Government Rebates
