Colorado offers a generous array of incentives and rebates to help homeowners save money on insulation and HVAC duct sealing upgrades, making it a great time to improve your home's energy efficiency! Here are some highlights:

Statewide Rebates:

• Colorado Energy Office (CEO) Efficiency Rebates: This program offers rebates for a variety of energy-efficient upgrades, including insulation and duct sealing. The amount you can receive depends on the type of upgrade and your income level. For example, you can get up to $250 for air sealing and $0.50 per square foot for attic insulation. Find more here.

• Inflation Reduction Act (IRA) Home Efficiency Rebate Programs: These new programs are still being developed, but they are expected to provide funding for income-qualified homeowners to make home energy efficiency improvements, including insulation and duct sealing. The eligibility requirements and rebate amounts are not yet finalized, but they are expected to be launched in Fall 2024.

Local Utilities:

• Xcel Energy Home Efficiency Rebates: Xcel Energy offers rebates for a variety of energy-efficient upgrades, including insulation and duct sealing. The amount you can receive depends on the type of upgrade and your location. For example, you can get up to $400 for duct sealing and $0.50 per square foot for attic insulation. Find more here.
• Your local municipal utility: Some municipalities in Colorado also offer their own rebates for energy-efficient upgrades. Be sure to check with your local utility to see what programs they offer.

Additional Incentives:

• Federal Tax Credits: You can claim a federal tax credit of up to 30% of the cost of qualified energy-efficient home improvements, including insulation and duct sealing./www.energystar.gov/

Tips for maximizing your savings:

• Combine incentives: You can often combine multiple incentives to save even more money on your upgrades.
• Hire a qualified contractor: Make sure to hire a qualified contractor to install your insulation and duct sealing. This will help ensure that you get the maximum benefit from the upgrades.
• Get an energy audit: An energy audit can help you identify areas where you can make the most improvements to your home's energy efficiency.

By taking advantage of these incentives and rebates, you can significantly reduce the cost of insulation and HVAC duct sealing upgrades and enjoy lower energy bills, increased comfort, and a more sustainable home.

I hope this information is helpful! Please let me know if you have any other questions.