| Heat Pump Elizabethton Electric System can help you get a new energy efficient heat pump installed in your home. We do not install them ourselves, but we will help you to find the best quality at the right price for you. We work within the Tennessee Valley Authority's energy right guidelines to insure quality installations by reputable contractors. What do I do? First, you contact us (see bottom of page). We will give or mail you a credit application and the Quality Contractors Network list.
Then, you get several estimates from contractors and decide on which one you want to have install the heat pump. Once your loan is approved, we will notify you and the heat pump can be installed. A TVA representative will inspect the installation to assure quality. That is all there is to it! Heat Pump Loans are presently at 9% simple interest with zero down payment. You can take up to 10 years to pay off the loan, or pay it off early with no penalty. EES will cut a check to pay off the contractor. Heat pump loans are billed separately from your light bill, about the middle of each month. It will be sent to you as a separate bill from your regular light bill. For more information: Come by our office at the corner of Hatcher Lane and U.S. 19-E, or call (423) 542-1100. Ask Wayne Lemmon about Heat Pump Loans. You can get online information at TVA's energy right® web site. Another source for heat pump information is the Tennessee Indoors web site. This site is loaded with good general info on the many heating and air conditioning systems available. It includes descriptions of heat pumps, what to expect from them, energy ratings, etc. They also have listings of HVAC contractors from all sections of Tennessee. But remember, if you are planning on getting a heat pump using our program, you must use a contractor from TVA's approved list. |