* As part of its Tidy Heat Strategy, Xcel Energy is purchasing studying non-pipeline options– consisting of electrifying homes– with approximately $20,000 in rewards per family *
For property owners, the research study implies access to a few of the most generous home upgrade rewards readily available throughout the nation.
In the Valverde area, income-qualified property owners can get a 100% reward, covering all task expenses. In Aurora, market-rate property owners get approximately $20,000 off heatpump, heatpump hot water heater, weatherization and panel upgrades per home. These rewards can stack on top of existing Colorado State refunds, which implies income-qualified property owners can conserve approximately $22,500.
Absolutely No Residences, [email protected]
SOURCE Absolutely No House
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DENVER, April 17, 2026/ PRNewswire/– Absolutely No Residences, the innovation business driving the digital transformation of domestic upgrades, has actually been picked by Xcel Energy to run its $10M Community Residential Retrofit Program, a pilot to study non-pipeline options. This program will bring deeply marked down whole-home energy upgrades to property owners in choose Denver and Aurora areas.
The program is created as a research study for Xcel Energy to examine a basic concern dealing with energies across the country: is it more affordable to energize homes, or to continue purchasing preserving and broadening aging gas facilities? By moneying whole-home electrification upgrades in 2 target areas– one income-qualified in Denver’s Valverde area and one market-rate in Aurora– Xcel Energy will collect real-world information on the expenses, energy effects, and grid results of focused domestic electrification compared to standard gas facilities financial investment.
No Residences will handle the program end-to-end, from property owner registration to home evaluations through task style, setup, and refund processing. Qualified upgrades might consist of cold environment heatpump, heatpump hot water heater, insulation, air sealing, electrical cooking home appliances, and electrical panel upgrades.
” Utilities throughout the nation are understanding that the most inexpensive pipeline may be the one you do not need to develop,” stated Grant Gunnison, CEO and Co-Founder of Absolutely No Residences. “Xcel Energy is blazing a trail by making the biggest non-pipeline alternative financial investment in the nation to produce the information required to support future financial investments. We’re happy to be the group providing this on the ground– assisting households get quieter, more comfy homes while assisting Xcel Energy develop a smarter, more effective grid.”
The program shows Xcel Energy’s dedication to its Tidy Heat Strategy, which intends to decrease greenhouse gas emissions from the heating fuels it provides to consumers. As gas facilities throughout the nation ages and deals with increasing upkeep expenses, energies are significantly checking out whether targeted electrification can act as a more affordable option. This research study will create the information to respond to that concern– tracking the complete expense profile of electrifying homes versus the expense of preserving and enhancing gas circulation systems in the exact same areas.
For Absolutely No Residences, the Xcel Energy collaboration develops on the business’s growing portfolio of energy and local programs. Through the Green Residences Chicago program, No Residences has actually partnered with the City of Chicago, Elevate, and ComEd to provide whole-home electrification upgrades to low-income homes– among the biggest city-led domestic decarbonization efforts in the nation. The Xcel Energy Community Retrofit Program extends that design to Colorado, where No Residences is headquartered and has deep roots in the regional specialist and tidy energy neighborhood.
The program likewise represents the biggest non-pipeline alternative examination financial investment by any energy in the nation– and an evidence point for neighborhood-scale electrification as a practical option to gas facilities financial investment. By targeting roughly 2,200 homes throughout 2 areas– with a matched control group– Xcel Energy and No Residences will compare the overall expense of electrification versus the expense of ongoing gas system upkeep. The findings might improve how Xcel Energy and other energies assign facilities dollars as Colorado and other states pursue their environment objectives.
Colorado property owners have actually never ever had access to more generous rewards for home electrification. Xcel Energy’s heatpump refunds are amongst the biggest energy refunds in the nation. The Colorado State Heatpump Tax Credit offers an extra in advance discount rate at the point of sale. With the Xcel Community Retrofit Program layering approximately $20,000 more per home, taking part homes in Aurora and Valverde stand to conserve more on a whole-home upgrade than nearly anywhere else in the U.S.
About Absolutely No Residences Absolutely No Residences is the innovation business driving the digital transformation of domestic upgrades. With an end-to-end digital platform verified by the U.S. Department of Energy, No Residences allows property owners and professionals throughout the U.S. to attain effective all-electric homes much faster, much easier, and more cost effectively than ever in the past. The business just recently raised a $16.8 million Series A led by Start Ventures and SJF Ventures. No Residences is headquartered in Denver, CO. Discover more at www.zerohomes.com.