Middle Tennessee EMC - Residential Heat Pump Loan Program

Middle Tennessee EMC offers financing for heat pump installation at 8% interest with flexible repayment up to 10 years and no early payoff penalty; your monthly loan payments are added directly to your electric bill. You must own the home and property where the system will be installed and pass a credit review to qualify.

This program helps your residential customers afford heat pump upgrades with straightforward 8% financing and extended 10-year terms, expanding your addressable market; customers can work with any contractor or contact MTE's Energy Services team or TVA's Quality Contractor Network to initiate loans.

The Heat Pump Loan Program finances residential heat pump installations at fixed 8% interest with loan terms up to 10 years and integrated billing through the utility's monthly statements; eligibility requires homeownership of the installation property and independent credit approval, with loan origination handled by MTE's Energy Services team.