Alabama Power - Residential Heat Pump Loan Program

June 19, 2023


Alabama Power offers low-interest loans to residential customers to purchase and install new heat pumps. The loans require no money down and can be used to finance an air source, geothermal or dual-fuel heat pump. The loans can also be used to cover associated water heating costs and wiring installations. Additionally, heat pump installation can be combined with weatherization measures, including insulation, storm windows and doors, and attic ventilation. Plus, humidifiers, dehumidifiers, air cleaners, and duct cleaning can be combined with these loans as well. Contact Alabama Power at 1-800-990-APCO (2726) or see the program web site for more information.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Alabama
Incentive Type: Loan Program
Web Site:
Administrator: Alabama Power
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Heat pumps
Maximum Loan: Varies, up to 100% of project cost for qualifying customers
Loan Term: Not specified


Name: Program Manager
Address: 600 North 18th Street
Birmingham AL 35291
Phone: (800) 990-2726

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.