Heat Pump Loan Program

Homeowners may use the Heat Pump Loan Program, part of the TVA eScore Program, to finance heating and cooling system upgrades and their loan payments are added to their Warren RECC electric bill. Equipment installations and improvements must be performed by an approved contractor from TVA’s Quality Contractor Network.

Feature On-Bill Financing
Minimum Loan $2,500
Maximum Loan $15,000
Term 10 years
 Annual Interest 6%
Eligibility (minimum) At least 1 year of permanent service
Satisfactory payment history
625 Beacon Score
Security Requirement UCC-1 required for equipment loans
3rd-Party Partner Regions Bank

For additional information, complete the form below.

Heat Pump Loan

 

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