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TVA Partner Utilities - Energy Right Heat Pump Program

Last Review: 2012-08-21
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Geothermal Heat Pumps
Applicable Sectors: Residential
Terms: Rate: 6%-8%
Repayment: up to 10 years through 3rd party lender
Incentive Amount: Single Unit: 10,000
Multiple and Advanced Units: up to 12,500
Website: http://www.energyright.com/residential/heat_pumps.html

Summary:

The Tennessee Valley Authority (TVA) energy right Heat Pump Plan provides financing to promote the installation of high efficiency heat pumps in homes and small businesses. Installation, performance, and weatherization standards ensure the appropriate sizing of equipment and operation of the system. TVA maintains a Quality Contractor Network (QCN) from which customers can choose an installer. Through a third-party lender, TVA provides financing for residential heat pumps with repayment on the customer’s electric bill and a term of up to 10 years. The programs are independently administered by local power companies served by TVA.


Contact:
Corporate Headquarters
Tennessee Valley Authority
400 W. Summit Hill Dr.

Knoxville, TN 37902-1499
Phone:(865) 632-2101 Ext.
Phone 2:()
Email: tvainfo@tva.com
Web site: http://www.energyright.com/

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