Sheffield Utilities - Residential Heat Pump Loan Program (Alabama)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Sheffield Utilities - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||10 years, 9% APR|
|Program Administrator||Customer Service|
|Date added to DSIRE||2006-06-16|
|Last DSIRE Review||2009-07-17|
Sheffield Utilities, through the Tennessee Valley Authority, offers a loan to its customers to help with the purchase of a new energy efficient heat pump. The loan will be financed over a 10 year period with a 9% interest rate. To qualify for the loan, customers must have a good credit rating, the heat pump must be a TVA energy right heat pump, and it must be installed by a TVA approved contractor. A list of TVA approved contractors is available upon request from Sheffield Utilities.
|Contact Name||Sheffield Utilities|
|Address||300 North Nashville Avenue|
|Address 2||PO Box 580|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.