Residential Rebates

for Energy Efficiency & Electrification Upgrades

Get up to $5,000 back when you invest in high-efficiency equipment for your home.

We’re proud to offer a variety of energy efficiency and smart electrification rebates to help our members invest in high-efficiency equipment for their homes. By helping our members with some of the cost of these upgrades, these incentives may reduce the co-op’s overall energy consumption, lower participants’ energy costs, and encourage members to choose electric options over natural gas, propane, or other fossil fuel alternatives. And all this helps our cooperative and communities reach our clean energy goals.

To qualify:

  • You must be a Holy Cross Energy member in good standing
  • Your equipment must be installed in HCE service territory and be in working order
  • You must apply for your rebate within 90 days of your invoice date
  • Please see our full list of rebate rules here >
One application, more savings.

Our rebates are stackable, meaning you can combine them with other incentives to maximize your total savings. By filling out our rebate application, you will also be applying for rebates through our local Energy Smart Colorado nonprofit partners at Walking Mountains and CORE.

You may also qualify for additional rebates through the new Colorado Home Electrification and Appliance Rebates (HEAR) program (requires a separate application and work completed by approved contractors.

Overview of Eligible Projects & Rebate Amounts

InCOME-QUALIFIED MEMBERS

Members whose household income falls under 150% of the area median income for their county qualify for these expanded rebate amounts, twice the standard rebate amount. See chart below for qualification details >

Total Maximum Rebates Per Year
ALL MEMBERS
$5,000
InCOME-QUALIFIED MEMBERS
$10,000
ALL MEMBERS
$1,500
InCOME-QUALIFIED MEMBERS
$3,000
ALL MEMBERS
$1,500
InCOME-QUALIFIED MEMBERS
$3,000
FOR HEATING & COOLING
ALL MEMBERS
$3,500
InCOME-QUALIFIED MEMBERS
$7,000
ALL MEMBERS
$1,000
InCOME-QUALIFIED MEMBERS
$2,000
ALL MEMBERS
$500
InCOME-QUALIFIED MEMBERS
$1,000
ALL MEMBERS
$500
InCOME-QUALIFIED MEMBERS
$1,000
ALL MEMBERS
$1000
InCOME-QUALIFIED MEMBERS
$2,000
ALL MEMBERS
$250
InCOME-QUALIFIED MEMBERS
$500
ALL MEMBERS
$250
InCOME-QUALIFIED MEMBERS
$500
ALL MEMBERS
$50
InCOME-QUALIFIED MEMBERS
$100
FOR EQUIPMENT COSTS ONLY
ALL MEMBERS
$15,000
ALL MEMBERS

Incentives are offered when a member enrolls in Power+FLEX or our Time of Use Rate. Amounts vary based on system specs.

Air Sealing & Insulation

Why upgrade?

A well-sealed home envelope, coupled with the right amount of insulation, can make a significant difference on your energy usage. The EPA estimates that homeowners can save an average of 15% on heating and cooling costs (or an average of 11% on total energy costs) by air sealing their homes and adding insulation in attics, floors over crawl spaces and basements.

Air sealing rebate eligibility requirements:

  • Electrically heated buildings only 
  • Air leakage must be reduced by 10% or more as measured in CFM50 by blower door test 
  • Air sealing must be completed prior to adding insulation unless Natural Air Changes per Hour (NACH) is 0.35 or lower
  • Attic, crawlspace, and exterior walls qualify for rebate 
  • Rebate shall not exceed 100% of the project cost 

Insulation rebate eligibility requirements:

  • Electrically heated buildings only 
  • Exterior Wall –Insulate exterior wall/foundation to a minimum of R-19 
  • Attic – Insulate unfinished attic floor to a minimum of R-60 
  • Floor – Insulate floor of living space above the garage or unconditioned crawlspace to a minimum of R-30 
  • Crawlspace Wall – Insulate to a minimum of R-19 
ALL MEMBERS
$1,500 for Air Sealing
$1,500 for Insulation
InCOME-QUALIFIED MEMBERS
$3,000 for Air Sealing
$3,000 for Air Insulation

Heat Pumps for Heating & Cooling

Why upgrade?

Heat pumps offer an energy-efficient alternative to furnaces and air conditioners for all climates. Today’s heat pumps can drastically reduce your electricity use compared to electric resistance heating, such as electric baseboard heaters. 

These two-in-one systems also have the benefit of heating and cooling 

Rebate eligibility requirements:

  • Includes all cold climate air source (ducted or ductless), ground source, air to water and split-hydronic systems 
  • HCE Quality Heat Pump Completion Form required. Includes the following:  
    • Ducted Heat Pump must have an HSPF2 must be ≥ 9 (Climate Zone 5) 
    • Ductless system must have an HSPF2 of ≥ 10 (Climate Zone 5) 
    • Includes Manual J completion  
    • Outside unit must be elevated at least 12 inches off the ground to defrost properly 
  • Dual Fuel System Criteria  
    • Temperature crossover temp must be a minimum of 5°F degrees  
    • Must document proof of settings on HCE Quality Heat Pump Completion Form 
    • Must include invoice line item for supplemental natural gas or propane furnace cost  
ALL MEMBERS
$3,500
InCOME-QUALIFIED MEMBERS
$7,000

Heat Pump Water Heaters

Why upgrade?

Traditional resistance electric water heaters are often the largest energy consumers in your house. Heat-pump water heaters are more efficient than traditional electric water heaters because they draw heat from the air rather than generating it directly. That efficiency translates into lower electricity use and lower bills over time.

Rebate Eligibility Requirements:

  • Standard heat pump water heaters and split-hydronic systems are eligible 
  • Must be electric only (no propane or natural gas).  
  • Member must enroll in Peak Time Payback  
  • Learn more at Love Electric 
ALL MEMBERS
$1,000
InCOME-QUALIFIED MEMBERS
$2,000

Heat Pump Dryer

Why upgrade?

Heat pump dryers use a closed-loop system that recovers and reuses heat, rather than blowing it out the back like traditional vented or condenser dryers. They use up to 50%–60% less energy than conventional electric dryers, resulting in lower electric bills and a smaller carbon footprint

Rebate Eligibility Requirements:

  • Energy-Star certified dryer with heat pump technology
  • Member must enroll in Peak Time Payback
ALL MEMBERS
$500
InCOME-QUALIFIED MEMBERS
$1,000

Induction Cooktop or Range

Why upgrade?

Induction heats cookware directly through electromagnetic energy, not by heating the cooktop surface first. This provides faster heating, better temperature control, and reduced energy use compared togas or traditional electric range. 

Rebate Eligibility Requirements:

  • Energy-Star certified dryer with heat pump technology
  • Member must enroll in Peak Time Payback 
ALL MEMBERS
$500
InCOME-QUALIFIED MEMBERS
$1,000

Smart Panel / Energy Management System

Why upgrade?

These devices can help prevent multiple large appliances from running simultaneously (also known as “stacking”). That can reduce your peak demand, potentially lowering demand charges. They can be especially helpful in homes with electric vehicles, heat pumps, or older electrical panels; in some cases, they can help you avoid a costly panel upgrade.

Rebate Eligibility Requirements:

  • Must be a new smart panel or certified energy management system where none previously existed
  • Member must enroll in Peak Time Payback 
ALL MEMBERS
$1,000
InCOME-QUALIFIED MEMBERS
$2,000

Plug Sharing Device

Why upgrade?

These devices let two appliances safely share a single 240-volt outlet by automatically managing which one draws power at a time. For example, you can charge an electric vehicle using the same outlet as a dryer, or share one outlet between two EVs, without unplugging and re-plugging cords. The device prioritizes usage and switches power as needed, helping prevent overloads.

Rebate Eligibility Requirements:

  • Any certified energy management device that allows loads to safely share breaker output circuit

  • Useful for EV charging!

  • Example solutions are splitters like the NeoCharge Smart Splitte

  • Must enroll in Peak Time Payback
ALL MEMBERS
$250
InCOME-QUALIFIED MEMBERS
$500

Smart Breaker, Smart Load Controller, or Scheduling Device

Why upgrade?

These devices can help prevent multiple large appliances from running simultaneously (also known as “stacking”). That can reduce your peak demand, potentially lowering demand charges. They can be especially helpful in homes with electric vehicles, heat pumps, or older electrical panels; in some cases, they can help you avoid a costly panel upgrade.

Rebate Eligibility Requirements:

  • Includes any smart load controller with the ability to schedule load off-peak 
  • Includes heat tape timers, water heater controllers, pool and spa controls 
  • Must enroll in Peak Time Payback
ALL MEMBERS
$250
InCOME-QUALIFIED MEMBERS
$500

Smart or Programmable Thermostats

Why upgrade?

Smart or programmable thermostats can help save energy and money, improve comfort, and make temperature control easier. Smart thermostats can even automatically reduce heating and cooling when it is not needed and adapt to your daily routines. They can be adjusted remotely through smartphone apps, making them especially helpful for vacation properties. Many also offer energy-use insights.

Rebate Eligibility Requirements:

  • Electrically heated buildings only 
  • Must enroll in Peak Time Payback 
  • Maximum of 10 thermostats per year 
ALL MEMBERS
$50
InCOME-QUALIFIED MEMBERS
$100

Income-Qualified Rebates

We’re proud to offer expanded rebate amounts for members who may not qualify for traditional energy assistance programs, but who still may spend a significant portion of their monthly budget on energy costs.

To qualify, your household income must fall under 150% of the Area Median Income (AMI) for your county. 

Our partners at CORE and Walking Mountains will work with you to verify your income during the application process.

These rebates help support long-term affordability in our expensive mountain valleys, while also lowering system costs, improving reliability, and ensuring the benefits of efficiency and clean energy are shared fairly amongst all members of our co-op.

Garfield County
Household Size
150% Area Median Income

1

$111,000

2

$126,750

3

$142,650

4

$158,400

5

$171,150

6

$183,750

7

$196,500

8

$209,100

Eagle County
Household Size
150% Area Median Income

1

$139,950

2

$159,900

3

$179,850

4

 $198,300

5

$215,850

6

 $231,900

7

 $247,800

8

$263,850

Pitkin County
Household Size
150% Area Median Income

1

 $144,150

2

 $164,700

3

 $185,250

4

 $205,950

5

 $222,450

6

$238,800

7

$255,300

8

$271,800

Additional Partner Rebates

Most Holy Cross Energy members will qualify for additional rebates through our local Energy Smart Colorado partner organizations. 

When you apply for a rebate through our site, you will also be applying for any available rebates through these partner non-profit organizations. 

Walking Mountains

Eagle River Valley

CORE

Roaring Fork Valley

Garfield Clean Energy

Garfield County

New All-Electric Construction: Residential

Why go all-electric?

An all-electric home can be a smart fit for mountain living. High-efficiency heat pumps provide reliable, comfortable heating even in very cold weather. That means lower safety risks, more predictable energy costs, and cleaner indoor air. And as our electricity supply gets cleaner, going all-electric helps protect the landscapes and air quality that make mountain communities special.

Rebate Eligibility Requirements:

  • No gas line installed
  • Only equipment costs are eligible (no installation or labor)
Total Maximum Rebate
ALL MEMBERS
$15,000 per new home
FOR HEATING & COOLING
$7,000
Smart Home Controls
$500

Additional Rebate Incentives & Programs To Explore

$50 Electric Bike Rebates
Electric Lawn Equipment Rebates
Electric Vehicle Charger Rebates
Battery Energy Storage Rebates