Tennessee Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 04/23/2012
Program Overview:
| State: |
Tennessee |
| Incentive Type: |
Utility Loan Program |
| Eligible Efficiency Technologies: |
Heat pumps, Building Insulation, Windows, Doors |
| Applicable Sectors: |
Residential |
| Amount: | up to $10,000 |
| Maximum Incentive: | $10,000 |
| Terms: | Rate: not specified
Repayment: up to 10 years |
| Web Site: |
http://www.btes.net/index.php/electric/electric-programs/energy-s...
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Summary:
Bristol Tennessee Electric Service (BTES) offers financing to its residential customers to help pay for energy efficient home improvements through the Energy Savings Loan Program. Eligible customers may borrow up to $10,000 for a maximum of 10 years. Eligible items include:
- Inspected Electric heat pumps
- Attic insulation (R19 minimum) and ventilation
- Floor insulation (R19 minimum) and ventilation
- Insulated replacement windows
- Insulated exterior doors
- Insulated garage doors (automatic garage door openers can be included)
- Electrical service upgrades
- Storm doors
The loans can be paid off in as many as 10 years, and monthly payments are added to the customer's utility bill. No down payment is required, but customers must qualify under the BTES financing plan. In addition, a BTES Energy Advisor is required to inspect home improvements after installation. More information may be found on the web site listed above. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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