Knoxville Utilities Board - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Knoxville Utilities Board - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||Fixed interest rate for loans up to 7,500 over 10 years.|
|Program Administrator||Knoxville Utilities Board|
|Date added to DSIRE||2008-04-21|
|Last DSIRE Review||2009-07-17|
Knoxville Utilities Board, in collaboration with the Tennessee Valley Authority, offers financing to residential customers to help pay for new heat pumps through the utility's Energy Right Heat Pump Program. Customers can finance up to $7,500 and pay in monthly installments on their utility bills. The loans may be paid off in as many as 10 years. The heat pump must be installed by a program-qualified contractor.
|Contact Name||Customer Service - KUB|
|Department||Knoxville Utilities Board|
|Address||P.O. Box 59017|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.