Middle Tennessee EMC - Residential Heat Pump Loan Program

TN Loan Program residential

Administered by: Middle Tennessee Electric Membership Corporation

Program Details

Program ID
2234
Last Updated
5/20/2024

Eligibility

Eligible Sectors
residential
Eligible Technologies
heat pumps

Program Summary

MTE can help you finance a new heat pump at 8%. 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.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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