The City and County of Denver offers incentives for heat pumps in existing commercial and multifamily buildings, including:
| Implementing Sector: | Local |
| Category: | Financial Incentive |
| State: | Colorado |
| Incentive Type: | Rebate Program |
| Web Site: | https://denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Climate-Action-Sustainability-and-Resiliency/Cutting-Denvers-Carbon-Pollution/Efficient-Commercial-Buildings/Rebates-for-Building-Decarbonization |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Incentive Amount: |
All rebates are doubled for Equity Priority customers) Dual Fuel Heat Pump Rooftop Unit: $2,250-$3,000 per cooling tonnage High Efficiency Heat Pump Rooftop Unit ENERGY STAR adder: $500 per cooling tonnage All-Electric Heat Pump Rooftop Unit adder: $1,000 per cooling tonnage Ducted Split Air Source Heat Pump: $3,000 per condensing unit Ducted Cold Climate Split Air Source Heat Pump: $5,500 per condensing unit Non-Ducted Mini-Split/Multi-Split Heat Pump: $3,000 per condensing unit Non-Ducted Cold Climate Mini-Split/Multi-Split Heat Pump: $5,500 per condensing unit Light Commercial Heat Pump Water Heater: $5,500-$6,500 per water heater Smart Heat Pump Water Heater Adder: $200 per water heater Variable Refrigerant Flow Heat Pump: $2,000 per cooling tonnage Packaged Terminal Heat Pumps: $200 per packaged unit Cold Climate Packaged Terminal Heat Pumps: $500 per packaged unit Single Package Vertical Heat Pumps: $400 per unit Cold Climate Single Package Vertical Heat Pumps: $1,000 per unit Water Source Heat Pumps: $3,600 per cooling tonnage Ground Source Heat Pumps: $3,600 per cooling tonnage |
| Maximum Incentive: | Equipment Rebates: $100,000 per calendar year (may be exceeded for Equity Priority buildings) |
| Eligible System Size: | System size varies depending on specific type of heat pump; different system sizes are eligible for different incentive amounts |
| Equipment Requirements: | See Website |
| Installation Requirements: | See Website |
| Ownership of Renewable Energy Credits: | N/A |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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