Xcel Energy - Residential Energy Efficiency Rebate Program

April 14, 2023

Summary

Xcel Energy's Residential Energy Efficiency Rebate Program provides incentives to install energy efficiency measures in Xcel service territory.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: New Mexico
Incentive Type: Rebate Program
Web Site: http://www.xcelenergy.com/Programs_and_Rebates/Residential_Programs_and_Rebates
Administrator: Xcel Energy
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Water Heaters
  • Lighting
  • Furnaces
  • Boilers
  • Heat pumps
  • Air conditioners
  • Duct/Air sealing
  • Insulation
Incentive Amount: Lighting: In-store discounts
Medium Draw Standard Tank Water Heater: $75
High Draw Standard Tank Water Heater: $75
Tankless Water Heater: $250
Electric Heat Pump Water Heater: $400
Smart Electric Heat Pump Water Heater: $500
Air Sealing Rebate: 30% of project cost up to $150
Attic Insulation Rebate: 30% of project cost up to $350
Wall Insulation Rebate: 30% of project cost up to $300
Furnace: $100 - $400
Boiler: $100 - $400
GSHP: $500/ton, up to $2,500
MSHP: $300 ($600 if replacing electric resistance heat as the primary heat source)

Cooling Only Customers
Air Sealing Rebate: 30% of project cost up to $15
Attic Insulation Rebate: 30% of project cost up to $60
Wall Insulation Rebate: 30% of project cost up to $25
Equipment Requirements: See program website

Contact

Name: Xcel Energy
Address: 414 Nicollet Mall
Minneapolis MN 55401
Phone: (800) 895-4999

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.