Heat Pump Program

Energy Right Program ● Heat Pump Program

Heat Pump Program advantages:

 

  • 8% interest rate
  • TVA financing up to $20,000 for residential heat pumps, dual fuel heat pumps, mini-splits, and geo-thermal
  • Free heat pump verification and operation by a CFEC energy advisor
  • A complete energy audit of the home to insure energy savings from a new unit
  • Payments added to your electric bill
  • Heat pump installed by a certified TVA QCN contractor
  • Length of loan 1 to 10 years

 

Contact the Member Service Department to begin the application process.

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Example: A 2 ton heat pump installed for $5,000 in a 1200 sq. foot home would add $60.66 to your monthly electric bill for 10 years at 8% financing.

*A credit evaluation will be conducted on each loan applicant to determine eligibility.