Middle Tennessee EMC - Residential Heat Pump Loan Program
Administered by: Middle Tennessee Electric Membership Corporation
Quick Summary
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.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 2234
- Last Updated
- 5/20/2024
Eligibility
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.