Columbia Power System offers cash incentives to our customers installing electric heat pumps and/or water heaters in their homes.

Heat Pumps

  This incentive is available for TVA financed or non-financed units.
  Incentives will not be available for upper floor installations if non-electric heat is on the lower floor.
  The units shall have minimum efficiency ratings of:
Packaged Unit
SEER*    9.7
HSPF*     6.6
Split Unit
SEER*    10
HSPF*     6.8

Rebate request must be filed within 90 days of installation.

Water Heaters*

Electric, 40 gallon minimum
Year-round use
Proof of purchase
Must replace gas to be applicable in apartments
Rebate request must be filed within 90 days of installation.

* All units will be site verified after installation.

Incentive Payments
Incentives Paid to Homeowner

Heat Pumps  $25/ton    

Free TVA inspection available upon request.

Incentives not available for upper floor installations if non-electric heat is on lower floor.

Units shall have minimum efficiency ratings of (Dept. of Energy minimum):

  Package SEER 9.7 HSPF 6.6
  Split SEER 10 HSPF 6.8
Water Heaters

$100 per electric water heater (non-energy right qualified home)
($75 per 38-gallon low-boy in retrofit applications)

40 gallon minimum
Year-round use
Must replace gas to be applicable in multi-family (duplex qualifies as single-family; 3 or more units qualify as multi-family)
Rebate request must be filed within 90 days of installation

If your home does not meet the energy right® guidelines, you may receive $100 per electric water heater, provided that:
the water heater is at least 40 gallons
the water heater is used year-round
the rebate request is filed within 90 days of installation

Heat Pump Financing Program

Requirements to participate in the program are as follows:

Loans must be approved before work begins
Customer must select a contractor from TVA's
Quality Contractor Network
The installation must pass a free inspection offered by TVA

Heat pump loan can also include financing for:

Electrical upgrades
Electrostatic Filters
Programmable thermostats
Upgrading weatherization of home as needed

Loan:

Is fixed (currently 9%)
Maximum limit - $7,500.00
Is repaid over a period of up to 10 years
Appears on electric bill each month


Dual-Fuel Heat Pumps Also Qualify

What is a Heat Pump?

To apply for a rebate, please see the Rebate Request Form.

Contact us at 931-388-4833 or
cindy.layne@cpws.com for additional information.

The above incentives are effective 1/16/04.
This program replaces our previous residential incentive programs.