Heat Pump Cost in Colorado (2026)
Average installation costs, local electricity rates, and available rebates for Colorado homeowners.
Avg Install Cost
$8K–$18K
Electricity Rate
15.8¢/kWh
Climate Zones
4, 5, 6, 7
Rebate Programs
2
Get Your Colorado Heat Pump Estimate
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Where is your home?
We'll use your ZIP code to find local prices, rebates, and climate data.
Colorado Electricity Rates
Colorado residents pay 15.8¢ per kWh for electricity. The national average is about 16¢/kWh.
Lower electricity rates improve heat pump economics, reducing your annual operating costs.
Colorado Heat Pump Rebates
Aspen CORE Residential Rebates
other
0.5%
Colorado HEAR Program
state
1%
Colorado Heat Pump Costs by City
6 cities covered. Browse local cost data and rebates.