Milan Public Utilities - Residential Heat Pump Loan Program

Milan Public Utilities, 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 $10,000 and pay in monthly installments on their utility bills. The loans can be paid off in as many as 10 years. The loan is paid back in monthly payments on the customer's utility bill. The heat pump must be installed by a program-qualified contractor.