Back to All Programs

Last Updated May 20, 2024

Program Overview

Category:

Financial Incentive

State:

Tennessee

Incentive Type:

Loan Program

Administrator:

Middle Tennessee Electric Membership Corporation

Start Date:

N/A

Expiration Date:

N/A

Web Site:

http://www.mtemc.com/pages.cfm/name/r09_heatingac

Applicable Sectors:

Residential

Eligible Renewable/Other Technologies:

Heat pumps

Summary

MTE can help you finance a new heat pump at 8%. The loan can have up to a 10-year term with no penalty for early payoff. Payments are added to your monthly electric bill. To qualify for MTE's Heat Pump Program, applicants must be the owner of the home and property where the heat pump is to be located and pass an independent credit review.

Start the loan process today by contacting one of the Energy Services team members listed below or by contacting a business from TVA’s Quality Contractor Network.