About Heat Pump Financing
The new and improved SVEC Heat Pump Financing program makes it easy for you to obtain a new, energy efficient heat pump so that you can be comfortable at home.
How it works
1. Apply. The easiest, fastest way to apply is with our on-line application, or you can print an application and mail it or drop it off at one of our offices. Applications are also available at all of our offices. We’ll have an answer for you in less than 1 business day. In an emergency, you’ll have an answer even quicker. Be sure and check out the eScore program while you are looking around our website. It offers rebates on qualified energy efficient upgrades, such as adding a new heat pump, and gives you a free home energy inspection by a TVA-certified energy advisor.
2. Get Estimates. After approval, you’ll sign-up to participate and get a list of qualified contractors in our area. Get estimates from more than one contractor and pick one who best suits your needs.
3. Have your new unit installed! Our local, quality contractors work quickly to get your home cool and comfortable! If you need additional duct work or an electrical upgrade, those improvements are also covered. After the job is complete, we’ll come out and double-check to make sure it’s all in proper working order and have you sign a few more papers. If you are signed-up for eScore we will perform a free energy audit while we are there and give you advice on how to make your home an energy efficient “10.”