Energy-efficiency improvements can lower operating costs, modernize facilities, and improve building performance. For businesses and multifamily properties in Colorado, Holy Cross Energy rebates can also help reduce the upfront investment required to make those improvements.
Holy Cross Energy (HCE) offers commercial incentives for qualifying energy-efficiency and electrification projects, including LED lighting, HVAC, building controls, motors, refrigeration, and other technologies. Incentive amounts and eligibility requirements vary based on the type and scope of the project.
Navigating available incentives, however, is only one part of the process. Incentive Rebate360’s turn-key rebate management solution helps businesses identify, apply for, and manage available rebates so they can take advantage of incentives without having to manage the process themselves.
Key Takeaways
Holy Cross Energy commercial rebates can offset a portion of the cost of energy-efficiency and electrification improvements. Businesses should evaluate rebate opportunities before beginning a project because commercial and multifamily rebates require pre-approval.
What should businesses and property managers know about the 2026 program?
- Commercial and multifamily retrofit projects can qualify for up to $30,000 per project, with a $60,000 maximum per member.
- Light retrofit projects can receive 25% of eligible project costs, up to $7,500 per project.
- Deep energy retrofits can receive 25% of eligible project costs, up to $30,000.
- Eligible improvements include LED lighting, HVAC, building controls, motors, refrigeration, building-envelope measures, and other technologies.
- Incentive Rebate360 can help manage rebate identification, pre-approval, documentation, and application requirements.
What Commercial Rebates Does Holy Cross Energy Offer In 2026?
Holy Cross Energy offers several commercial rebate pathways for qualifying energy-efficiency, electrification, emerging-technology, and new-construction projects in 2026. Depending on the project type, eligible businesses and multifamily properties can receive incentives ranging from 25% of eligible project costs to $7,500 for light retrofits, up to $30,000 for qualifying deep energy retrofits, emerging technologies, and new all-electric construction.
| Holy Cross Energy Rebate | Rebate Amount | Maximum Rebate | Examples Of Eligible Projects |
| Light Retrofits | 25% of eligible project cost | $7,500 per project | LED lighting upgrades, building-envelope improvements, variable-speed pumps and motors, refrigeration efficiency upgrades, and smart controls |
| Deep Energy Retrofits | 25% of eligible project cost | $30,000 per project | Qualifying heat pumps, VRF systems, ground-source heat pumps, heat pump water heaters, and induction cooking |
| Emerging Technology/Custom Rebate | Determined after project review and Interest Form | Up to $30,000 per project | Commercial and multifamily fuel switching, terminal heat pumps, thermal storage, heat recovery chillers, small-business solutions, and flexible-capacity solutions |
| New All-Electric Construction | 25% of eligible equipment cost | $30,000 per new commercial or multifamily building* | Cold-climate heat pumps, heat pump water heaters, heat pump dryers, induction ranges or cooktops, and smart controls |
*Holy Cross Energy establishes a $250,000 maximum per development or new neighborhood for qualifying new all-electric construction.
Holy Cross Energy offers commercial lighting rebates for qualifying LED lighting upgrades through the light retrofit program. Businesses pursuing commercial LED lighting rebates in Colorado must provide an annual kWh savings estimate during pre-approval based on the existing lighting wattage and runtime compared with the proposed LED upgrade.
Holy Cross Energy also requires energy-savings estimates for several other light-retrofit measures, including building-envelope improvements, pumps and motors, refrigeration-efficiency upgrades, and smart controls. Because requirements vary by project type, businesses should review rebate eligibility and pre-approval requirements before beginning an upgrade.
How Can Commercial Energy Rebates Benefit Businesses and Multifamily Properties?
Commercial energy rebates Colorado businesses can access can help lower the initial cost of improvements that may deliver savings long after the project is complete.
Reducing upfront project costs can improve project economics and make larger efficiency upgrades easier to justify. Depending on the improvements selected, businesses may also benefit from reduced energy consumption, lower maintenance needs, better equipment performance, and more comfortable facilities.
Multifamily property owners can see similar benefits. Efficient lighting, HVAC equipment, controls, and other upgrades can improve common areas and building systems while supporting long-term reductions in operating costs.
Do Holy Cross Energy Commercial Rebates Require Pre-Approval?
Yes. HCE requires commercial and multifamily projects to receive pre-approval. The final rebate amount is determined after HCE reviews the project and applicable program criteria.
Requirements vary by measure, and qualifying projects may be required to provide energy-savings estimates and other supporting documentation during pre-approval. Reviewing these requirements before beginning a project can help businesses prepare the information needed for the rebate process.
Rebate funding is limited and available on a first-come, first-served basis. Applications and required invoices or receipts must also be received within 90 days of the applicable purchase, documented project completion, or Certificate of Occupancy for new construction.
These requirements make it important to consider incentives early, rather than waiting until an energy project is already complete.
Frequently Asked Questions
Who Is Eligible for Holy Cross Energy Commercial Rebates?
Eligible applicants must be active Holy Cross Energy members in good standing, and qualifying equipment must be installed within HCE’s service territory. For rebate purposes, HCE defines commercial properties as those on a commercial rate code and multifamily buildings with four or more individual units.
Are Commercial Building Controls Eligible for Holy Cross Energy Rebates?
Yes. Smart controls are included among eligible light retrofit measures. These can include heat tape timers and commercial building automation systems (BAS) for lighting and HVAC. Projects must meet HCE’s applicable requirements, including enrollment in Peak Time Payback and submission of estimated annual kWh savings during pre-approval.
Does Holy Cross Energy Offer Rebates for New Commercial Construction?
Yes. New all-electric commercial and multifamily buildings with no gas line installed can qualify for a 25% rebate on eligible equipment costs, up to $30,000 per new building. Qualifying projects can include eligible heat pump technologies, induction cooking equipment, and smart controls.
How Does Incentive Rebate360 Simplify the Rebate Process?
Identifying an available rebate is only the beginning. Commercial rebate applications can involve pre-approval, equipment eligibility, energy-savings calculations, invoices, deadlines, and supporting documentation. Incentive Rebate360 provides turn-key rebate management to help businesses navigate these requirements from incentive identification through application.
For businesses managing multiple facilities or projects, this approach can be especially valuable. Instead of requiring internal teams to research commercial energy rebates, track changing program requirements, and manage individual applications, Incentive Rebate360 provides a centralized resource for rebate management.
The goal is simple: help organizations maximize available incentives while reducing the administrative burden associated with obtaining them.
Review the full 2026 Holy Cross Energy rebate program details.
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