Black Hills Energy Colorado Electric beneficial electrification rebates
OpenVerified · blackhillsenergy.com
Air-source heat pump $3,648; ductless mini-split $3,280; geothermal $9,860; heat pump water heater (gas baseline) $2,325; panel upgrade $3,750; induction range $987.
How much
| Upgrade | What it pays for | Amount |
|---|---|---|
| Heat pump | Air-source or ductless heat pump Air-source $3,648; ductless mini-split $3,280; geothermal $9,860. | $3,280–$3,648 |
| Heat pump water heater | Heat pump water heater (gas baseline) | $2,325 |
| Electrical panel | Panel upgrade | $3,750 |
| Induction cooking | Induction range | $987 |
Who qualifies
- Where: Black Hills Energy Colorado electric service area.
- Customers of Black Hills Energy.
- Upgrades: Heat pump, Heat pump water heater, Induction cooking, Electrical panel.
- Households at or below 80% of area median income can get more; Black Hills does not publish the amounts.
Application revised January 2026. Written preapproval required for all applications. Limited funding, first-come first-served. Households at or below 80% AMI can get additional incentives.
How to apply
Pre-approval first (Heads up)Approval has to come before any work starts. Apply for this one before you sign an install date.
- Get written preapproval from the program before installing.
- Install and submit the completed application; payment can go to the contractor.
You file it yourself.
Sources
- Official program page (opens in a new tab), checked Oct 8, 2026.
Often stacked with
- Open
Colorado Heat Pump Tax Credit (State of Colorado Heat Pump Discount)
Colorado Energy Office and Colorado Department of Revenue