City and County of Denver - Building Electrification Retrofit Pilot

Denver's Building Electrification Retrofit Pilot can help your commercial or multifamily building switch to heat pumps for heating and cooling by funding both a feasibility study and the equipment upgrade costs. The program covers up to 100% of the additional expenses to electrify your building, with grants up to $75,000 for standard buildings or $120,000 if your building qualifies as an equity priority property.

This pilot streamlines customer acquisition for heat pump retrofits in Denver's commercial and multifamily sectors by removing the financial barrier—you help building owners understand electrification feasibility through a funded report, then install heat pump systems knowing the program covers the incremental cost difference between traditional HVAC and electric alternatives, with caps at $75,000–$120,000 depending on equity status.

The pilot targets commercial and multifamily electrification in Denver by funding two components: an electrification feasibility assessment and the cost premium of installing heat pumps instead of conventional air conditioning or space/water heating systems. Grant caps are $75,000 (standard buildings) and $120,000 (equity priority buildings), with 100% cost coverage available; the program prioritizes buildings in underserved communities through its equity tier.