Rebate Changes for Homes Permitted after June 30th, 2024

Due to state law, starting July 1st 2024, Xcel Energy can no longer issue rebates for gas appliances. Consequently, their Marshall Fire rebates are changing on July 1st. These changes only affect homes permitted after June 30th, 2024. Any homes that were issued building permits prior to that date are eligible for the existing rebates (see details below).

For homes with new permits issued on or after July 1, 2024:

• The $7,500 rebate for homes built to 2021 International Energy Conservation Code will no longer be available.
• The $10,000 rebate for homes built to ENERGY STAR v3.2 will no longer be available.
• The $12,500 rebate for homes built to Zero Energy Ready Homes v2 will no longer be available.
• The $17,500 incentive for homes built to ENERGY STAR NextGen remains available for rebuilding homeowners.
• The $37,500 incentive for homes built to Passive House (PHI/PHIUS) remains available for rebuilding homeowners.
• Xcel Energy will no longer issue incentives to new residents who purchase a parcel where the home was destroyed by the Marshall Fire and build a new home.
• Xcel Energy’s new incentives for builders will apply. To qualify for builder rebates, builders’ homes must meet the new program requirements.
• The Colorado Energy Office $10,000 incentive for electric homes with air source heat pumps and $20,000 incentive for electric homes with ground source heat pumps remain in effect.

Existing Xcel Rebates and incentives available through June 30th, 2024

 Xcel Energy is offering one-time incentives specifically for those who lost their homes in the Marshall Fires. As you look to rebuild your home, consider one of several ways to incorporate energy efficiency from the ground up.  The incentives will be paid out as a rebate at the time you take possession of your new house. These incentives apply to new homes built to replace properties destroyed in the Marshall Fire.

Visit Xcel Energy’s Marshall Fire Recovery page for more information.

As Boulder County continues to recover from and adapt to the intensifying impacts of the climate crisis,
Governor Jared Polis signed into law SB22-206 to help Coloradans build back with resilience. The bill's first offering is a rebate program from the Colorado Energy Office for homes lost in the Marshall Fire and East Troublesome Fire.

This funding will provide an additional $10,000 rebate for high efficiency electric primary homes or long-term rental units that are built to the 2021 International Energy Conservation Code standards or Boulder County’s BuildSmart standards for unincorporated Boulder County. Additionally, this state rebate can also be partnered with any of the Xcel Marshall Fire rebates including the $17,500 Energy Star New Certification Rebate for a total of $27,500 to electrify new builds.

To qualify, homeowners need:

• Electric or induction stove to improve air quality and cooking performance
• NEEP certified climate heat pumps or ground source heat pumps for heating and cooling
• Heat pump water heaters which offer significant cost savings

 To get started, visit rebuildingbetter.org for more information.

Up to $50,000 in loans and grants are available to eligible homeowners through the Disaster Resilience Rebuilding Program from the Colorado Department of Local Affairs. 

The Disaster Resilience Rebuilding Program consists of two components, a grant program and a loan program.  The Resilience Rebuilding Grant (RRG) provides funding to qualifying homeowners for rebuilding homes in the wake of wildfires, high winds, floods, and other state and federally declared disasters. The aim is to promote rebuilding in accordance with high performance building standards adopted by local communities and voluntary sustainable building elements that exceed local code requirements, including the incorporation of fire-resistant building materials and energy efficiency measures.  

The loan fund is for eligible households that do not income qualify for the grant, but still require additional resources to rebuild their home. Together, this program aims to help Coloradans who have been affected by natural disaster not only rebuild their homes, but produce healthier, safer and more resilient homes throughout the state.

The first phase of this program focuses on rebuilding owner-occupied homes. Other phases will follow if funding is available. 

For more information visit DOLA Disaster Resilience Rebuilding

Generous companies have reached out to support residents in rebuilding high-performance homes after the Marshall Fire. Rebuilding residents may work with any vendor or contractor they wish and are not limited to those on this list. EnergySmart and Boulder County makes no representations or warranties regarding accuracy of information, quality of service or product, or proof of insurance for any company on this list.

Visit the Equipment and Discounts page on Boulder County’s rebuildingbetter.org for more details.