Clarksville Department of Electricity - Residential Heat Pump Loan Program

July 17, 2009

Summary

Clarksville Department of Electricity, in collaboration with the Tennessee Valley Authority, offers financing to its residential customers to help pay for new, energy-efficient heat pumps. The loan can also cover the cost of weatherization measures prescribed by the program. Necessary changes in home wiring also qualify. Maximum amount loaned is $7500 per home ($10,000 for Advanced Technology heat pumps). The maximum term for repayment is 10 years and the current interest rate is 9.00%.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Tennessee
Incentive Type:	Loan Program
Web Site:	https://www.clarksvillede.com/energyPrograms.html
Administrator:	Clarksville Department of Electricity
Start Date:
Eligible Renewable/Other Technologies:	Heat pumps

Contact

Name:	Customer Service
Organization:	Clarksville Department of Electricty
Address:	PO Box 31509 Clarksville TN 37040-0026
Phone:	(931) 648-8153
Email:	CustomerService@clarksvillede.com

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.