Heat Pump Financing

Heat Pumps

We’ve taken the sweat out of purchasing an electric heat pump.

An electric heat pump is the most comfortable and efficient way to heat and cool your home. In warm weather it keeps you pleasantly cool, and in cold weather it circulates warm air evenly throughout every room.

 

 

Program Benefits

There’s a lot to consider when you’re buying a heating-and-cooling system. One of the benefits of the energy right® Heat Pump Program is access to contractors who can give you expert advice on the right system for you.

Types of Electric Heat Pumps

Air source, dual-fuel, geothermal—read about the different types of heat pumps and the benefits of each type by clicking here.

Choosing the Right Heat Pump

How do you know what size heat pump to buy? What’s the biggest expense in using a heat pump? Click here for some quick guidelines on choosing a heat pump.

Selecting a Heat Pump Contractor

Contact your local public power company or click here to find out about the TVA energy right® Quality Contractor Network (QCN), a group of contractors that have met certain criteria and standards with a proven track record of successful installations.

Easy and Affordable Financing – Residential Installations Only

Contact your local public power company today about purchasing an electric heat pump with affordable financing, including no money down, as well as other incentives such as a free inspection. With an electric heat pump, you’ll have much more than a comfortable place to live. You’ll have peace of mind.

Financing

Total Financing is $10,000, which covers installation of the heat pump system, as well as bringing attic and floor insulation up to standards. A total of $12,500 is available for individuals installing two units or a specialty heat pump. The interest rate is a fixed rate, with a payback period of ten years. Customers may pay the loan off at any time with no penalty. Loan payments are added to customers’ monthly energy bills; therefore, individuals only receive one bill for two services.

For further information about the program and the application process, contact Jenny Morefield at (423) 743-1845 or jmorefield@e-u.cc

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