TennesseeLoan Program
Middle Tennessee EMC - Residential Heat Pump Loan Program
You getUp to $20000
Apply on official siteView on DSIRE
Quick facts
- Incentive type
- Loan Program
- Amount
- Up to $20000
- Administrator
- Middle Tennessee Electric Membership Corporation
- Applies to
- Utility, Residential
- Technologies
- Heat pumps
Dates
- Source last updated
- May 20, 2024
About this incentive
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.
Data updated . Always confirm details on the official program website before applying. Programs change frequently.