Cumberland EMC - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 24, 2011.
Financial Incentive Program
|Name||Cumberland EMC - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||8% loan up to 10,000 with a 10 year term|
|Program Administrator||Cumberland Electric Membership Corporation|
|Date added to DSIRE||2006-09-20|
|Last DSIRE Review||2009-07-17|
Cumberland Electric Membership Corporation, in collaboration with The Tennessee Valley Authority helps its residential customers reduce their household energy usage through their Energy Right Heat Pump Loan Program. Loans of up to $10,000 are available with an 8% interest rate and a 10 year term. To qualify, the heat pump must have a minimum 13 SEER and be installed by a member of the Quality Contractor Network.
|Contact Name||Jimmy Luffman|
|Department||Cumberland Electric Membership Corporation|
|Address||1940 Madison Street|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.