HVAC, Electrical, Plumbing Rebates
Breaking Down Home Upgrade Rebates and Tax Credits
Rebates, incentives, and tax credits can offset the cost of home heating, air conditioning, plumbing, and electrical upgrades, but only if you understand which options apply to your situation. Programs change frequently, eligibility varies, and not every improvement qualifies in the same way.
Knowing what may be available can help with planning and budgeting. While rebate and incentive programs can offer meaningful savings, taking advantage of them, including submitting required applications and documentation, is ultimately your responsibility.
During estimates or service visits, Awesome Home Services helps identify potential savings opportunities and explains how those programs typically work.
For assistance in Colorado Springs, contact us at (719) 350-3917.
HVAC Rebates and Incentives for Heating and Cooling Upgrades
Heating and cooling upgrades often unlock the largest rebates, especially when high-efficiency or electric systems are installed.
What Qualifies
Common HVAC upgrades that may qualify for rebates include:
- Heat pumps (air-source and cold-climate models)
- Boilers
- ENERGY STAR® smart thermostats
- Insulation and air sealing paired with HVAC improvements
Available Rebates and Incentives
Electrical Rebates for Panels, Wiring, and Smart Technology
Electrical upgrades are often required to support modern HVAC systems and electrification projects, and they can unlock additional incentives.
What Qualifies
Electrical rebates commonly apply to:
- Electrical panel upgrades
- Electrical wiring improvements
- ENERGY STAR smart thermostats
- Home battery storage systems
Available Rebates and Incentives
Federal Programs (HEAR)
For qualifying households, federal rebates may include:
- Electrical panel upgrades – up to $4,000
- Electrical wiring improvements – up to $2,500
Colorado Springs Utilities
Colorado Springs Utilities offers rebates for qualifying smart thermostats that help better manage energy use and comfort:
- ENERGY STAR smart thermostat rebates – $50 per thermostat (retrofit installations)
Tesla Powerwall 3 Rebates
Tesla Powerwall 3 battery storage systems may qualify for limited-time rebate programs based on installation timing and eligibility requirements:
- Powerwall 3 installations – $500 per unit, up to $1,000 total (program and date restrictions apply)
Important Eligibility Notes
Before planning around electrical rebates, it’s helpful to understand a few common eligibility considerations that may affect qualification:
- Electrical rebates are often tied to electrification-related upgrades
- Smart thermostat rebates typically apply only to existing homes
- Program timelines and installation windows affect eligibility
When electrical work supports HVAC or energy upgrades, we help you understand how those improvements fit into rebate programs and what to expect after installation.
Plumbing and Water Efficiency Rebates
While plumbing rebates are usually smaller than HVAC incentives, they can still add meaningful savings, especially when combined with other upgrades.
What Qualifies
Plumbing improvements that may qualify include:
- Heat pump water heaters
- High-efficiency gas water heaters
- Boilers
- Water-saving toilets and showerheads
Available Rebates and Incentives
Colorado Springs Utilities
Colorado Springs Utilities offers rebates and programs focused on improving water efficiency and reducing energy use related to hot water systems:
- Heat pump water heaters – up to $750
- Natural gas water heaters – $300
- Boilers – up to $1,200
- Ultra-high-efficiency toilets – $100 per toilet (up to three per home)
- Showerhead exchange – no-cost fixture replacement
Important Eligibility Notes
Plumbing-related rebates come with their own requirements, which you should review before selecting new fixtures or equipment:
- Rebates vary by fuel type and efficiency rating
- Fixture rebates may be capped per household
- Active CSU customer status is required
We help you align plumbing upgrades with available utility rebates and understand how water-related incentives differ from energy rebates and tax credits.
How Rebates, Incentives, and Tax Credits Can Stack
One of the biggest savings opportunities comes from combining upgrades. Utility rebates often provide savings after installation, while tax credits deliver value during tax season. When projects are bundled, multiple incentives may apply.
For example, you might qualify for:
- A heat pump rebate
- A smart thermostat rebate
- Insulation or air sealing incentives
- Electrical panel upgrade rebates
In some cases, nearby cities or counties may offer additional local programs, further increasing potential savings.
What is the Awesome Difference?
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Up-Front PricingNo surprises—just honest, transparent pricing. We provide clear quotes before any work begins so you know exactly what to expect.
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Effective & Informative CommunicationKeeping you informed every step of the way with clear, honest, and effective communication you can trust.
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Service With Integrity
Striving to be your whole-home service expert, we specialize in HVAC, plumbing, electrical and garage door services.
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Employee EmpowermentWe create opportunities and a supportive environment for our team, fostering growth and professional development.
Our Customers are Just as Awesome!
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It was an all around awesome experience!"
I will use Awesome Home Services again and would highly recommend them to others. I would also like to add the receptionist I spoke with who helped make my appointment made an excellent first impression.
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I was extremely pleased with the whole process."I called on a Monday to make an appointment. They came over that afternoon, priced the job, picked up parts, and completed the job later the same day."- Bill F.
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Prompt, Friendly, & Knowledgeable"Brantley & Robby were excellent in assisting at my father's home. They were prompt, friendly, honest, and knowledgeable. I would definitely recommend Awesome Home Services and request Brantley/Robby."- Maria B.
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Thank you, Kyle!"Kyle was extremely timely since we had an emergency leak late at night. He coordinated with the city and repaired the leak as fast as possible. Excellent service and very polite."- Dillon A.
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Saved Me From the Cold"The service was GREAT! He was very professional, mindful of the home, had a highly positive attitude, and was very open to explaining what the problem was as he was troubleshooting and fixing the system in front of me."- Kevin F.
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Above & Beyond"I’m so glad we found Awesome Home Services. On Wednesday, Elliot came out to do our annual furnace inspection and tune-up. He went above and beyond for our family."- Jillian K.
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Awesome Home Service was great."The technical Craig resolved our blocked sewer line quickly. He was polite and professional. Would recommend this business and the price was reasonable."- Greg T.
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Absolutely pleased with the job done!!"Clay and Tristen are very professional and fast getting my water problems solved!! Water heater was installed very professionally!! Will recommend to everyone!!"- Michelle S.
Important Reminders Before You Plan an Upgrade
You are responsible for submitting rebate and tax credit applications, even when a contractor helps identify eligible upgrades. Program rules, funding levels, and eligibility requirements change frequently, so verifying details directly with utilities and agencies is essential. Asking about rebates early—before installation—can help prevent missed opportunities.
