Athens Utility Board - Residential Heat Pump Loan Program

June 15, 2009

Summary

Athens Utility Board (AUB), in collaboration with Tennessee Valley Authority's Energy Right® Program, offers low-interest financing to its residential customers to assist with the cost of purchasing a new heat pump. Eligible customers may finance up to $7,500 and pay in monthly installments on their utility bills. Loans can be paid off in as many as 10 years. The heat pump must be installed by a program-qualified contractor and inspected by an AUB representative following installation. More information, including details on additional Energy Right® Programs, may be found on the website listed above.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Tennessee
Incentive Type: Loan Program
Web Site: http://www.aub.org/cs_eright.php
Administrator: Athens Utility Board
Start Date:
Eligible Renewable/Other Technologies:
  • Heat pumps

Contact

Name: Hugh (Buck) Rogers
Organization: Athens Utility Board
Address: PO Box 689
Athens TN 37371-0689
Phone: (423) 745-4501

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.