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Denver is a gas-heated city at altitude: of the 335,428 occupied housing units, 61% heat with natural gas, 36% with electricity, and oil and propane together under 2% (Census ACS 2020-2024, table B25040, https://data.census.gov/table/ACSDT5Y2024.B25040?g=160XX00US0820000, checked 2026-10-21). The 359,581 total units split between 40% single-family detached, 9% single-family attached, 5% two- to four-unit buildings and 45% in buildings of five or more (Census ACS 2020-2024, table B25024, https://data.census.gov/table/ACSDT5Y2024.B25024?g=160XX00US0820000, checked 2026-10-21), and the stock runs older than the Sun Belt doors: 17% of units date from before 1940, 55% from before 1980 and 31% from 2000 or later (Census ACS 2020-2024, table B25034, https://data.census.gov/table/ACSDT5Y2024.B25034?g=160XX00US0820000, checked 2026-10-21). Denver sits at 5,280 feet, where the thin air reduces both the heating capacity and the cooling capacity of every outdoor unit by roughly 5% compared to the sea-level rating, so the installer uses altitude-derated performance tables rather than the nameplate BTU when selecting the system. The gas furnace in a mid-century Denver bungalow is the most common replacement target on this door, and the question is whether the homeowner wants a full swap or a dual-fuel setup that keeps the furnace as backup below the balance point, because a cold-climate heat pump at altitude still covers most Denver winter nights but the handful of sub-zero nights each year push the economics toward keeping the gas line.
At 5,280 feet a gas furnace has to be derated or it burns dirty. Brick bungalows and wartime houses in Highlands and Park Hill still push that heat through leaky ducts.
LoDo, RiNo, Capitol Hill Denver, Five Points Denver, Highlands Denver, Cherry Creek, Washington Park, Park Hill, Lakewood CO, Littleton, Sloans Lake, Berkeley Denver.
Aurora, Centennial, Englewood, Greenwood Village, Cherry Hills Village, Sheridan, Glendale, Columbine Valley, Deer Trail, Bow Mar, Foxfield.
Lakewood, Arvada, Wheat Ridge, Golden, Edgewater, Mountain View, Morrison, Lakeside.
Thornton, Westminster, Commerce City, Brighton, Northglenn, Federal Heights, Bennett.
Castle Rock, Parker, Castle Pines, Lone Tree, Larkspur.
Ask the program or your installer to confirm eligibility and amounts for your address.
See what each program pays in DenverThe worst day to pick a heat pump is the day the old system dies. See the number now, decide later.
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