Xcel Energy Cooling Rebates Available
Xcel Energy is offering substantial rebates on evaporative coolers, ductless mini-split heat pumps, and high efficiency central air conditioners to help offset the cost of purchase to its residential electric customers.
Below is additional information about various system types and rebates that are available.
Evaporative coolers Evaporative coolers use up to 75% less energy than traditional air conditioners. Rebates range from $200 to $1200. Often called “swamp” coolers, evaporative coolers are often installed on rooftops. A fan blows air through a water-soaked pad that cools the air in a home. You open the windows to let the hot air out, and keep the cooled air flowing through the home. This technology is particularly well-suited to our dry Colorado climate.
Ductless mini-split heat pumps These are a newer technology that often cool and heat an area that is hard to reach with traditional ducts, or may be ideal for a new addition. The rebate from Xcel Energy is $200.
Central air conditioners (or air source heat pumps) According to the Department of Energy, about 60% of AC’s are oversized, which causes systems to start up and shut down often, and use more energy, than if a system is right-sized.
New systems have rebates ranging from $100 to $1,150. Customers must use a contractor who is on the list of participating AC contractors in order to receive a rebate. www.xcelenergy.com/COtrades
Learn more and get started at www.xcelenergy.com/homerebates.