TVA Energy Right Heat Pump Financing

Thank you for your interest in our Heat Pump Financing Program. 

This is how it works!

As a TVA Quality Contractor, Allen's has met all of the requirements set forth by TVA to be a participant of this program. 

The interest rates and loan amounts are as follows:
  • Up to $12,500 for Multi-Speed or Variable Speed Compressors
  • Up to $12,500 for Two Single Speed Heat Pumps
  • Up to $10,000 for One Single Speed Heat Pump
  • The interest rate is only 6% for 14.5 SEER Split Heat Pumps
  • The interest rate is only 6% for 14 SEER Package Heat Pumps
  • The interest rate is 8% for less than 14 SEER
  • Dual Fuel Units are included as long as they meet the TVA requirements
Maximum Repayment Period: This program allows you to reduce your monthly payment by offering financing up to Ten Full Years! With the easy repayment plan of the loan, the payments are simply added to your current utility bill each month. Allen's will tell you what your approximate monthly payment will be to help you with your planning.  There is no down payment and no penalty for early pay-off of the loan.
 
It's Simple For You to Participate

There are three basic requirements in order to participate:

1. You must have an good credit history with your Utility Company.
 
2. You must have a good credit score
 
3. You must own the home where the heat pump is installed 
 
For more information on what you will need readily available, click here
 
Simply select the Heat Pump of your choice and Allen's will do the rest! We will fill out all the necessary paperwork for you to sign and submit the paperwork to your utility company.
 
When everything is processed, you will begin seeing the monthly payment on your utility bill. 
 
If you have further questions, or would like to begin the process of getting your new Heat Pump, please click here to contact us.