Program | Alabama Power - Residential Heat Pump Loan Program |
---|---|
Category | Financial Incentive |
Implementing sector | Utility |
Last Update | |
State | Alabama |
Administrator | Alabama Power |
Website | https://www.alabamapower.com/residential/ways-to-save/energy-saving-products/ec… |
Sectors | Residential |
Alabama Power offers low-interest loans to residential customers to purchase and install new heat pumps. The loans require no money down and can be used to finance an air source, geothermal or dual-fuel heat pump. The loans can also be used to cover associated water heating costs and wiring installations. Additionally, heat pump installation can be combined with weatherization measures, including insulation, storm windows and doors, and attic ventilation. Plus, humidifiers, dehumidifiers, air cleaners, and duct cleaning can be combined with these loans as well. Contact Alabama Power at 1-800-990-APCO (2726) or see the program web site for more information.