What support is available?
Generally up to 30% investment credit, with a $5 million project ceiling; cycle budget can be lower.
Next announced cycle November 1–December 31, 2026; current applications closed.
Who may qualify?
Location: Eligible Colorado geothermal projects
Property uses: Commercial, Industrial / manufacturing, Multifamily, Nonprofit, Public / institutional, Agriculture
- Qualifying development or thermal network project; this is not a general rebate for every ground-source heat pump.
- Building owners, campuses, developers and eligible public or private entities can apply.
Before you purchase or start work
Obtain project-specific eligibility and tax-credit agreement; review new-cycle materials.
Can this be combined with other funding?
Ask each administrator to approve the combined funding plan; total awards and eligible costs may be capped.
Project categories
Geothermal & thermal networks · Audits & studies · Industrial processes
Sources and verification
Research reviewed . Next review due . Source-specific limitations and uncertain dates are shown above.
Research methodology and known coverage gaps · Report a correction