Battery and EV Charger Incentives in Colorado

Power Up and Save More!

Are you thinking about installing a home backup battery or an electric vehicle (EV) charger? You might be eligible for significant savings through federal, state, and local utility incentives.

At Awesome Home Services, we help you navigate the process and access these powerful programs. From Colorado Springs to Castle Rock and Pueblo to Woodland Park, our team makes it simple to upgrade your home energy systems while minimizing your out-of-pocket expenses.

Why homeowners are making the switch:

• Backup battery systems – Stay powered during outages. Gain peace of mind, energy independence, and control over your electric use—all while reducing reliance on the grid.
• EV charging stations – Charge your vehicle at home—faster, cheaper, and more conveniently. Boost your home’s value and simplify daily life with smart, future-ready charging. 

Find out how much you can save on your home energy upgrade. Contact us at (719) 350-3917.

Federal Tax Credits

Unlock savings at the national level. The federal government offers tax credits to homeowners who invest in backup battery systems or EV charging stations. These incentives can make energy upgrades more affordable.

Residential Clean Energy Credit

The Residential Clean Energy Credit rewards homeowners who install battery storage systems that support clean energy use and grid independence.

• Incentive – 30% of the cost of new, qualified clean energy property.
• Eligibility – Applies to battery storage systems, such as the Tesla Powerwall, installed in your primary or secondary home.
• How to claim – File IRS Form 5695 with your federal tax return.

Alternative Fuel Vehicle Refueling Property Credit

The Alternative Fuel Vehicle Refueling Property Credit incentive helps homeowners reduce the cost of installing home EV charging stations—ideal for those switching to electric vehicles.

• Incentive – 30% of the total installation cost, up to $1,000.
• Eligibility – Must be a homeowner installing a qualified EV charger at their primary residence in an eligible census tract.
• How to claim – File IRS Form 8911 with your federal tax return.

Colorado State Incentives

The state of Colorado is taking action to help homeowners invest in energy resilience. Whether you are preparing for outages or reducing peak-time utility costs, state-level tax incentives make battery storage upgrades more accessible.

Residential Energy Storage System Credit

The Residential Energy Storage System Credit incentive helps offset the cost of qualifying battery storage systems, making them ideal for homeowners seeking power security and energy efficiency.

• Incentive – 10% of the purchase price of eligible home battery equipment.
• Eligibility – Includes popular systems like the Tesla Powerwall.
• How to claim – Submit Colorado DR1307 form with your state income tax return.

Local Utility Rebates

Your local utility company may offer significant rebates to help you invest in smart, energy-efficient home upgrades. Awesome Home Services helps homeowners across Colorado Springs, El Paso County, Douglas County, Teller County, and Pueblo County to take advantage of these programs, streamlining the process from installation to incentive.

Xcel Energy

Battery Incentive – Renewable Battery Connect
Get rewarded for installing a solar-charged battery and letting Xcel manage your energy use during peak times.

• Incentive – $350 per kW AC of Max Continuous Discharge Power (up to $5,000 per household) and a $100 annual participation incentive as a bill credit for five years.
• Eligibility – Solar-charged batteries must allow Xcel to access energy during peak demand.

Black Hills Energy

Ready EV Program
Save on the installation of a smart Level 2 EV charger.

• Incentive – Up to $500 toward installation costs.
• Eligibility – Residential customers with an EV, using a qualified installer and Time-of-Day rate schedule.

Mountain View Electric Association

EV Charger Rebates
Get reimbursed for a portion of your Level 2 charger equipment and installation costs.

• Non-managed chargers – Up to 50% back, capped at $250.
• Managed chargers – Up to 50% back, capped at $1,000.
• Eligibility – MVEA members only; new purchases; apply within 90 days.

CORE Electric Cooperative

COREV Charge and COREV Connect Programs

Support for EV charger installation and ongoing network participation.

• COREV Charge – Reimburses up to $400 for electrical prep work for Level 2 charger installations using a CORE-affiliated electrician.
• COREV Connect – Get a $15 annual credit for connecting your charger to CORE’s smart charging network.

Net Metering

Powerwall owners and solar users can earn utility credits for unused solar energy.

• How it works – Send excess solar energy to the grid and receive credits on your bill.
• Why it matters – Credits can be used to offset future electricity use, saving you more month after month.

Why Act Now?

Incentives for EV chargers and backup batteries are helping Colorado homeowners save on electrification upgrades, but these programs won’t last forever. Many rebates and tax credits are time-limited offers, subject to funding availability, legislative updates, or changes in utility regulations. The information presented here reflects the most accurate data available as of 2025; however, details are subject to change.

Acting now secures today’s savings and your eligibility before any potential changes take effect. We can help you move quickly and confidently. Our team can guide you through the process, from identifying available programs to completing the installation and application steps.

Please note that final eligibility and rebate approval are determined by the agencies or utilities offering each program. We recommend verifying current details directly with the provider and consulting a tax professional for personalized advice on tax credits.