LaFollette Utilities Board - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||LaFollette Utilities Board - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||Loans can be up to 7,500 with a fixed interest rate. Loans can be paid off in as many as 10 years|
|Program Administrator||LaFollette Public Utilities Board|
|Date added to DSIRE||2006-08-17|
|Last DSIRE Review||2009-07-17|
LaFollette Public Utilities Board, in collaboration with the Tennessee Valley Authority offers financing to its residential customer to help pay for new heat pumps through their Energy Right Heat Pump Program. Customers can finance up to $7,500 and pay in monthly installments on their utility bills. The loans can be paid off in as many as 10 years. The heat pump must be installed by a program-qualified contractor.
|Contact Name||Sharyn Vincent|
|Department||LaFollette Public Utilities Board|
|Address||PO Box 1411|
|Phone||(423) 562-3316 Ext:1041|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.