Winchester Utilities, in collaboration with the Tennessee Valley Authority, offers financing to its residential customers to help pay for high-efficiency heat pumps through its Energy Right Heat Pump Loan Program. Loans can be financed for up to 10 years, with a fixed interest rate of 7%. To qualify, the heat pump must have a 12 SEER or greater, and customer must fill out a loan application. A small application fee applies. Heat pumps must be installed by an approved heating/air conditioning contractor, and Winchester Utilities will perform a free inspection of the heat pump after installation.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Tennessee |
| Incentive Type: | Loan Program |
| Web Site: | http://www.winchesterutilities.com/Services_files/Energy%20Right%20Program_files/image006.PDF |
| Administrator: | Winchester Utilities |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Name: | Customer Service |
| Organization: | Winchester Utilities |
| Address: |
219 Second Ave. N.W. Winchester TN 37398 |
| Phone: | (931) 967-2238 |
| Email: | winmail@winchesterutilities.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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