Colorado residential users of Xcel electricity are now eligible to tap a rebate for installing a ground source heat pump. The heat pump must be ENERGY STAR qualified and part of a closed-loop system with a minimum COP of 3.3 and EER rating of 14.1. The rebate is $300/ton with a cap of $1,500.
The heat pump must be installed by a contractor who is a registered participant in Xcel Energy’s cooling program. Registered contractors must be NATE or IGSHPA certified. Only registered contractors will have rebate applications.
Eligible equipment must be installed between January 1, 2011, and December 31, 2011, and applications must be postmarked no later than July 31, 2012.