Springfield Electric Department - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Springfield Electric Department - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||Low interest loans. Loans can be paid off in as many as 10 years.|
|Program Administrator||Springfield Electric Department|
|Date added to DSIRE||2006-08-18|
|Last DSIRE Review||2009-07-17|
Springfield Electric Department, 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 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||Springfield Electric Department|
|Address||718 Central Avenue West|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.