Under Polis Administration Clean Energy Tax Credits are Helping Save Coloradans Money

Federal  Inflation Reduction Act Leading to Savings and Climate Action

AURORA - On April 12, Governor Polis and the Colorado Energy Office (CEO), joined Rewiring America and Google.org to launch the Colorado Electrification Calculator. This tool will connect Coloradans with discounts on electric appliances such as heat pumps, electric vehicles, electric panel upgrades and more, saving them money. The announcement was made at the Mitsubishi Electric Trane HVAC facility in Aurora, which trains technicians to install and repair heat pump technology.

“With this new tool, Coloradans can easily access discounts on heat pumps, electric vehicles, solar power and more. These clean energy upgrades save Coloradans money, potentially thousands of dollars, and will help Colorado achieve our climate goals to help future generations,” said Governor Polis.

In February, Governor Polis announced new tax credits available to assist Coloradans who are installing eligible heat pump technology for space heating and cooling, and water heating. In partnership with the legislature, Governor Polis established the heat pump tax credit along with several other clean energy tax credits by signing HB23-1272, "Tax Policy that Advances Decarbonization" sponsored by Representatives Mike Weissman and Junie Joseph, and Senators Steve Fenberg and Lisa Cutter.

Coloradans can visit https://homes.rewiringamerica.org/calculator enter information, choose a project type, add tax information, and the tool will provide a list of available savings for Coloradans to take advantage of. 

“Widespread adoption of energy-efficient technologies and high-efficiency electric appliances is key to achieving Colorado’s ambitious climate goals,” said Will Toor, CEO Executive Director. “We are excited for this new tool, which will help connect Coloradans with thousands of dollars in savings on home energy upgrades.”

Through this tool, Coloradans can find savings on energy-efficient tech such as:

Geothermal Cooling and Heating Systems 

Rooftop Solar Panels

Electric Vehicles 

Induction Cooktops

Community Solar 

“We’re thrilled to launch this new tool in a state that is truly leading the way on residential electrification, thanks to Governor Polis’ leadership and the effort of so many advocates,” said Ari Matusiak, CEO of Rewiring America. “We look forward to continuing to work in partnership to make these important home upgrades more affordable and accessible to all. With this calculator, households in Colorado are only a few clicks away from the next steps on their electrification journey.” 

“Collaborating with Rewiring America enabled our Google.org Fellows to support the creation of a  cross country impact by helping American households take advantage of these new electrification incentives. It’s a great example of how advanced technology, like AI, can be leveraged in a bold and responsible way,” added Bhavna Chhabra, Senior director of software engineering and Google's Boulder office lead “As a Coloradan, I'm proud that our state is leading on climate solutions at the household level.”

To experience the tool and access savings on energy costs, visit https://homes.rewiringamerica.org/calculator.