Blue Ridge Mountain EMC and TVA offer a loan program to help finance electric heat pumps. Qualified homeowners can borrow up to $15,000 payable in 10 years. The heat pump must be installed by a member of the Quality Contractor network, and will require an inspection before payment of the system.
More information is available online at the website listed above.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Georgia |
| Incentive Type: | Loan Program |
| Web Site: | https://www.brmemc.com/heat-pump-financing/ |
| Administrator: | Blue Ridge Mountain Electric Membership Corporation |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Maximum Loan: | $15,000 |
| Loan Term: | 10 years or 120 months |
| Interest Rate: | 8% |
| Technologies: | Heat pumps |
| Sectors: | Residential |
| Parameters: | The incentive has a minimum of $15000.00 |
| Name: | Member Services |
| Organization: | Blue Ridge Mountain Electric Membership Corpo |
| Address: |
GA |
| Phone: | (706) 379-3121 |
| Email: | memberservices2@brmemc.com |
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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