TVA Partner Utilities - Energy Right Heat Pump Program (Kentucky)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Kentucky

Name TVA Partner Utilities - Energy Right Heat Pump Program
Incentive Type Utility Loan Program
Applicable Sector Installer/Contractor, Residential, Utility
Eligible Technologies Heat pumps, Geothermal Heat Pumps
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount Single Unit: up to $10,000

Multiple and Advanced Units: up to $12,500


























Terms Rate: 6%-8%, depending on utility
Repayment: up to 10 years through 3rd party lender
Program Administrator Tennessee Valley Authority
Website http://www.energyright.com/residential/heat_pumps.html
Date added to DSIRE 2009-07-08
Last DSIRE Review 2012-08-06
Last Substantive Modification
to Summary by DSIRE
2012-02-24


References DSIRE[1]


Summary

The Tennessee Valley Authority (TVA) energy right Heat Pump Plan provides financing to promote the installation of high efficiency heat pumps in homes and small businesses. Installation, performance, and weatherization standards ensure the appropriate sizing of equipment and operation of the system. TVA maintains a Quality Contractor Network (QCN) from which customers can choose an installer. Through a third-party lender, TVA provides financing for residential heat pumps with repayment on the customer’s electric bill and a term of up to 10 years. The programs are independently administered by local power companies served by TVA.


Incentive Contact

Contact Name Corporate Headquarters
Department Tennessee Valley Authority

Address 400 W. Summit Hill Dr.

Place Knoxville, Tennessee
Zip/Postal Code 37902-1499
Phone (865) 632-2101


Email tvainfo@tva.com
Website http://www.energyright.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)"