CO Grant Program

City and County of Denver - District Energy Conversion Incentive

AI summary · 7/12/2026

Denver offers grants to help offset the high upfront costs of installing zero-emission thermal energy systems like ground-source and water-source heat pumps as alternatives to natural gas heating; eligible building types and incentive amounts are updated regularly, so contact the Office of Climate Action, Sustainability and Resiliency (CASR) for current details and application procedures.

This program creates customer value by reducing the financial barrier to thermal energy system adoption for commercial, multifamily, and institutional buildings; contractors should verify which thermal technologies and building types currently qualify and coordinate with CASR on scoping, design, or implementation project support.

The program distributes grants for scoping studies, design studies, and implementation of zero-emission ground-source, water-source, and multi-source thermal systems to help Denver reach its 2040 zero-emission goal and address natural gas's 22% contribution to city greenhouse gas emissions; eligible applicants include commercial, investor-owned utility, school, and multifamily residential sectors, with incentive levels and eligible technologies updated as market conditions change.

Program details

Program ID
22732
Last updated
12/20/2024

Eligibility

Sectors
commercial investor-owned utility schools multifamily residential
Technologies
heat pumps

Program summary

Denver is working towards a zero-emission future by 2040. Natural gas combustion accounted for nearly 22% of Denver’s greenhouse gas emissions in 2022 and increased 5% since 2018. Zero-emission ground-source, water-source, and multi-source thermal energy systems are needed as sustainable alternatives to fossil-gas based heating systems in Denver. Due to up-front costs, the adoption of such thermal energy systems has proven to be limited.

The Office of Climate Action, Sustainability and Resiliency (CASR) intends to meet Denver's decarbonization goals by offering a monetary incentive to support scoping studies, detailed design studies, implementation projects, or a combination of these options for eligible thermal energy systems. The eligible thermal energy options included in the program, applicant types, and the levels of incentives offered by will be updated regularly as market conditions change.

Contact & resources

Please verify current program details with the administering agency before making any financial decisions.

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