Middle Tennessee EMC - Residential Heat Pump Loan Program

July 03, 2022


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.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Tennessee
Incentive Type: Loan Program
Web Site: http://www.mtemc.com/pages.cfm/name/r09_heatingac
Administrator: Middle Tennessee Electric Membership Corporation
Start Date:
Eligible Renewable/Other Technologies:
  • Heat pumps
Maximum Loan: Minimum: $2,000
Maximum: $15,000
Loan Term: Up to 10 years (120 months)
Interest Rate: Will not exceed 6%


Name: David Willhite
Organization: Rutherford & Cannon Service Area
Phone: (615) 494-1612
Email: david.willhite@mtemc.com
Name: Katie McKee
Organization: Murfreesboro City Service Area
Phone: (615) 494-0408
Email: katie.mckee@mtemc.com
Name: Terry Massey
Organization: Williamson Service Area
Phone: (615) 648-0017
Email: terrymassey@mte.com
Name: Phillip Price
Organization: Wilson Service Area
Phone: (615) 453-3077
Email: phillip.price@mtemc.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.