Cumberland Electric Membership Corporation, in collaboration with The Tennessee Valley Authority helps its residential customers reduce their household energy usage through their Energy Right Heat Pump Loan Program. Loans of up to $10,000 are available with an 8% interest rate and a 10 year term. To qualify, the heat pump must have a minimum 13 SEER and be installed by a member of the Quality Contractor Network.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Tennessee |
| Incentive Type: | Loan Program |
| Web Site: | http://www.cemc.org/services/heat%20pumps.asp |
| Administrator: | Cumberland Electric Membership Corporation |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Name: | Jimmy Luffman |
| Organization: | Cumberland Electric Membership Corporation |
| Address: |
1940 Madison Street Clarksville TN 37043 |
| Phone: | (931) 645-2481 |
| Email: | jluffman@cemc.org |
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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