Lenoir City Utilities Board - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Lenoir City 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 can be paid off in as many as 10 years|
|Program Administrator||Lenoir City Utilities Board|
|Date added to DSIRE||2006-08-18|
|Last DSIRE Review||2009-07-17|
Lenoir City 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||Customer Service|
|Department||Lenoir City Utilities Board|
|Address||PO Box 449|
|Place||Lenoir City, Tennessee|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.