MTE can help you finance a new heat pump at 6%. The loan can have up to a 10-year term with no penalty for early payoff. Payments are added to your monthly electric bill. To qualify for MTE's Heat Pump Program, applicants must be the owner of the home and property where the heat pump is to be located and pass an independent credit review.
Start the loan process today by contacting one of the Energy Services team members listed below or by contacting a business from TVA’s Quality Contractor Network.
|Incentive Type:||Loan Program|
|Administrator:||Middle Tennessee Electric Membership Corporation|
|Eligible Renewable/Other Technologies:||
|Loan Term:||Up to 10 years (120 months)|
|Interest Rate:||Will not exceed 6%|
|Organization:||Rutherford & Cannon Service Area|
|Organization:||Murfreesboro City Service Area|
|Organization:||Williamson Service Area|
|Organization:||Wilson Service Area|
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.
Copyright © 2023 EnergyBot • All rights reserved.
1601 Bryan St Suite 900, Dallas, TX 75201