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.
|Incentive Type:||Loan Program|
|Eligible Renewable/Other Technologies:||
|Maximum Loan:||Varies, up to 100% of project cost for qualifying customers|
|Loan Term:||Not specified|
600 North 18th Street
Birmingham AL 35291
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.
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