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Columbia Power System offers cash incentives to our customers installing electric heat pumps and/or water heaters in their homes.
Heat Pumps
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This incentive is available for TVA financed or non-financed units. |
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Incentives will not be available for upper floor installations if non-electric heat is on the lower floor. |
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The units shall have minimum efficiency ratings of: |
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Packaged Unit
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SEER* 9.7
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HSPF* 6.6
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Split Unit
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SEER* 10
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HSPF* 6.8
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Rebate request must be filed within 90 days of installation.
Water Heaters*
Incentive Payments
Incentives Paid to Homeowner
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$25/ton |
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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):
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Package |
SEER 9.7 |
HSPF 6.6 |
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Split |
SEER 10 |
HSPF 6.8 |
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Water Heaters
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$100 per electric water heater (non-energy right qualified home)
($75 per 38-gallon low-boy in retrofit applications)
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40 gallon minimum |
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Year-round use |
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Must replace gas to be applicable in multi-family (duplex qualifies as single-family; 3 or more units qualify as multi-family) |
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Rebate request must be filed within 90 days of installation |
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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
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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.
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