Murfreesboro Electric Department - Residential Heat Pump Loan Program

Program Murfreesboro Electric Department - Residential Heat Pump Loan Program
Category Financial Incentive
Implementing sector Utility
Last Update
State Tennessee
Administrator Murfreesboro Electric Department
Website https://murfreesboroelectric.com/buying-a-heat-pump/
Sectors Residential
Murfreesboro Electric Department, in collaboration with the Tennessee Valley Authority offers financing to its residential customer to help pay for new heat pumps through their Energy Right Heat Pump Program. Customers can finance up to $15,000 and pay in monthly installments on their utility bills. The loans can be paid off in as many as 10 years. There is a $45.00 security filing fee. The heat pump must be installed by a program-qualified contractor.
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