Winchester Utilities - Residential Heat Pump Loan Program (Tennessee)
Last modified on May 24, 2011.
Financial Incentive Program
|Name||Winchester Utilities - Residential Heat Pump Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Heat pumps|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount||8% fixed interest rate, with up to 10 years to pay off.|
|Program Administrator||Winchester Utilities|
|Date added to DSIRE||2006-08-21|
|Last DSIRE Review||2009-07-17|
Winchester Utilities, in collaboration with the Tennessee Valley Authority, offers financing to its residential customers to help pay for high-efficiency heat pumps through its Energy Right Heat Pump Loan Program. Loans can be financed for up to 10 years, with a fixed interest rate of 7%. To qualify, the heat pump must have a 12 SEER or greater, and customer must fill out a loan application. A small application fee applies. Heat pumps must be installed by an approved heating/air conditioning contractor, and Winchester Utilities will perform a free inspection of the heat pump after installation.
|Contact Name||Customer Service|
|Address||219 Second Ave. N.W.|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.