Manufacturer Rebates

Lennox Industries Rebates

Save Home Heat is a Lennox Premier Dealer

Save Home Heat’s manufacturer partner Lennox Industries offers a variety of rebate programs throughout the year, designed to help you purchase the very best in high efficiency air conditioners, heat pumps, furnaces, and a full range of proven, effective, indoor air quality products. Spring 2024 special discounts from Lennox are available from March 11th thru June 14th, 2024. Our friendly, knowledgeable comfort advisers and office staff are well equipped and glad to assist you in taking advantage of these incentives, and completing and submitting paperwork for you.

Spring 2024 Lennox national consumer promotions feature factory-direct rebates of up to $1,700 for qualifying Lennox Home Comfort Systems, or up to a $1,500 rebate with 12 month, no payments/no interest financing (wac). Individual equipment rebates up to $450 are also available for select high efficiency products.

Get your valuable Lennox rebate today, and ask us about combining it with Xcel Energy rebates and special discounts from Save Home Heat to multiply your high efficiency home comfort system savings!

Utility Company Rebates

Xcel Energy Rebates

Xcel Energy Logo
Xcel Energy is offering a wide array of rebates for qualifying high efficiency home comfort installations performed in 2024. In order to take advantage of these rebates, homeowners are required to work with a contractor that is registered for this program. Save Home Heat Company is an authorized Xcel contractor partner. Please see below for rebate highlights.

Our team is well prepared to help you take advantage of many of these valuable incentives, providing qualifying high efficiency products, and expertly assist you in submitting your rebate paperwork. We can also help you obtain the greatest savings by combining Xcel Rebates with other valuable incentives from Save Home Heat and manufacturers such as Lennox Industries and Mitsubishi Electric!

Highlights – More information can be found below:
  • Furnaces – $300 Rebate
  • Central Heat Pumps – Rebates up to $2,200
  • Ductless Mini-Split Heat Pumps – Rebates up to $2,200
  • Water Heaters – Rebates from $50 to $800
  • Boilers – $250 Rebate
Furnace Rebates

For the installation of a qualifying forced air furnace with an efficiency of 95% AFUE or higher, Xcel Energy offers a $300 rebate. Please note, new restrictions on this rebate went into effect January 1st, 2024.

Central Heat Pump Rebates

A $2,200 rebate is available from Xcel for the installation of qualifying central heat pumps with at least an 18 SEER2, 11.7 EER2, and 8.1 HSPF2 efficiency rating; the next lower tier provides a $1,700 rebate.

Ductless Mini-Split Heat Pump Rebates

A $2,200 rebate is available for qualifying ductless heat pumps rated at least 18 SEER2, 11.5 EER2, and 8.5 HSPF2; one level down, Xcel provides a $1,700 rebate.

Water Heater Rebates

Qualifying high efficiency tank-type, tankless, and hybrid electric heat pump water heater installations may are eligible for Xcel Energy rebates in 2024: Standard water heaters with .64 to .68 UEF rating—$50 rebate; Tankless water heaters with minimum .87 UEF rating—$100 rebate; and certain models of Heat pump water heaters – $600 or $800. See the ‘boiler’ section below for sidearm water heater rebates.

Boiler Rebates

Qualifying hot water boilers with an efficiency rating of at least 95% AFUE are available for a $250 Xcel rebate. If an approved indirect-fired (“sidearm”) water heater is paired with the boiler, the rebate increases to $350. New restrictions on this rebate go into effect January 1st, 2024!


Xcel Rebate Top Producer

For 2022, our team was recognized as one of Xcel Energy’s Top 20 Rebate Producers in the categories of Mini-Split Heat Pumps (#1), Central Heat Pumps (#4), Quality AC Installation (#4), Heat Pump Water Heaters (#9), and 95% AFUE Furnaces and Boilers (#11). We’ll update this section once Xcel has provided performance numbers for 2023, usually sometime in the spring. Save Home Heat has also been awarded Xcel Energy’s Air Conditioning Quality Installation Achievement Award.

 Mini-Split Heat Pumps
Central Heat Pumps
 AC with Quality Installation
Heat Pump Water Heaters
95% AFUE Furnaces & Boilers


Please speak with one of our helpful, knowledgeable comfort advisers today for more information and to schedule a free, highly informative, low-pressure install quote for any of the above products!

Click here for more information on residential rebates and programs offered by Xcel Energy.