Knoxville Utilities Board - Residential Heat Pump Loan Program

Knoxville Utilities Board, in collaboration with the Tennessee Valley Authority, offers financing to residential customers to help pay for new heat pumps through the utility's Energy Right Heat Pump Program. Customers can finance up to $7,500 and pay in monthly installments on their utility bills. The loans may be paid off in as many as 10 years. The heat pump must be installed by a program-qualified contractor.