Sheffield Utilities, through the Tennessee Valley Authority, offers a loan to its customers to help with the purchase of a new energy efficient heat pump. The loan will be financed over a 10 year period with a 9% interest rate. To qualify for the loan, customers must have a good credit rating, the heat pump must be a TVA energy right heat pump, and it must be installed by a TVA approved contractor. A list of TVA approved contractors is available upon request from Sheffield Utilities.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Alabama |
| Incentive Type: | Loan Program |
| Web Site: | http://www.sheffieldutilities.org/PWCusService.htm |
| Administrator: | Customer Service |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Name: | Sheffield Utilities |
| Address: |
300 North Nashville Avenue Sheffield AL 35660 |
| Phone: | (256) 389-2000 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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