Athens Utility Board - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 24, 2011.
Financial Incentive Program
|Name||Athens Utility Board - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||Low interest loans up to 7,500. Payments may be made over a period of 10 years.|
|Program Administrator||Athens Utility Board|
Athens Utility Board (AUB), in collaboration with Tennessee Valley Authority's Energy Right® Program, offers low-interest financing to its residential customers to assist with the cost of purchasing a new heat pump. Eligible customers may finance up to $7,500 and pay in monthly installments on their utility bills. Loans can be paid off in as many as 10 years.
The heat pump must be installed by a program-qualified contractor and inspected by an AUB representative following installation. More information, including details on additional Energy Right® Programs, may be found on the website listed above.
|Contact Name||Hugh (Buck) Rogers|
|Department||Athens Utility Board|
|Address||PO Box 689|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.