Southwest Tennessee EMC - Residential Heat Pump Loan Program (Tennessee)

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Summary

Last modified on May 23, 2011.

Financial Incentive Program

Place Tennessee

Name Southwest Tennessee EMC - Residential Heat Pump Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Heat pumps
Active Incentive No

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount An 8.0% interest loan with a 10 year payback


























Program Administrator Southwest Tennessee Electric Membership Corporation
Website http://www.stemc.com/services/energyright/heat_pump.html
Date added to DSIRE 2006-09-19
Last DSIRE Review 2009-07-17



References DSIRE[1]


Summary

Southwest Tennessee Electric Membership Corporation, in collaboration with The Tennessee Valley Authority, offers a low interest loan to help its residential customers install heat pumps through their energy right Heat Pump Program. An 8.0% interest loan with a 10 year payback is currently available. This special financing rate applies to all heat pumps with a minimum SEER 13 and advanced systems with EER ratings. The financing is available to qualified members who install a heat pump in an existing home. A free STEMC post-installation inspection of the heat pump is required on all financed installations.


Incentive Contact

Contact Name Marketing and Energy Services
Department Southwest Tennessee Electric Membership Corporation

Address 1009 East Main Street
Address 2 PO Box 959
Place Brownsville, Tennessee
Zip/Postal Code 38012
Phone (800) 772-0472
Phone 2 (731) 772-1322


Website http://www.stemc.com/
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"