Milan Public Utilities - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Milan Public Utilities - 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 10,000 can be paid off in as many as 10 years.|
|Program Administrator||Milan Public Utilities|
|Date added to DSIRE||2006-08-18|
|Last DSIRE Review||2009-07-17|
Milan Public Utilities, 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 $10,000 and pay in monthly installments on their utility bills. The loans can be paid off in as many as 10 years. The loan is paid back in monthly payments on the customer's utility bill. The heat pump must be installed by a program-qualified contractor.
|Contact Name||Customer Service|
|Department||Milan Public Utilities|
|Address||1085 South Second Street|
|Address 2||P.O. Box 109|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.