$0 down financing for home energy upgrades.
Fixed-rate, $0 down financing on HVAC, insulation and other home energy upgrades may be available from TVA EnergyRight® and your local power company.
Start saving without
saving up.
No down payment.
On-bill payment.
625 minimum credit score.
Finance between $2,500 and $20,000.
The sooner you upgrade, the more you save.
$0 down financing can help make a range of home energy upgrades possible, including heating and cooling systems, air sealing and insulation. These improvements may also help reduce your annual energy costs. Explore a few examples of potential savings below, then see if you qualify for financing.
| Type of upgrade: | Potential savings: |
|---|---|
SEER2 15 or higher air conditioning | $300/year |
High-efficiency mini split heat pump | $1,100/year |
Insulation | $190/year |
NOTE: All upgrades must be installed by TVA-vetted members of the Quality Contractor Network. Insulation, air sealing and duct sealing and insulation upgrades must be paired with a heating and cooling upgrade.
SOURCES: SEER Energy Savings Calculator, minisplitreview.com, insulationrvalues.com
HOW FINANCING WORKS
Helping you make energy upgrades that pay off.
Whether you’re ready to start your home energy upgrade today or you’re just getting started, here’s what you can expect from our financing process.
Begin the application.
If your local power company is offering financing, you can begin your application online.
Find a contractor.
To qualify for financing, you’ll have to work with a member of the Quality Contractor Network. You can use our online search to find a local contractor. (If you don’t see your preferred contractor listed, encourage them to join!)
Enjoy convenient, on-bill payments.
Unlock long-term savings and enjoy the convenience of on-bill payments for your home energy upgrades.
FAQ: Know more. Save more.
Get your questions about our fixed-rate, $0 down financing answered here!
What are some finance-eligible home energy upgrades?
When we say “home energy upgrades,” we’re referring to repair, replacement and installation of anything in your home that affects how energy (electricity or gas) is used. The more energy-efficient your home is, the lower your energy bills. Your local power company may offer financing on heating and cooling systems, heat pump water heaters and — and when combined with HVAC upgrades — insulation, air sealing, duct sealing and insulation upgrades.
What home energy upgrades does financing cover?
Financing for home energy upgrades covers heating and cooling, heat pump water heaters and — when combined with HVAC upgrades — insulation, air sealing, duct systems and water heaters. Minimum loan of $2,500.
How can I find out if my local power company offers financing for home energy upgrades?
It’s easy. First, let us know where your project is located. You can also call 1-855-237-2673 or email support@mytva.com.
Is there a fee to apply?
There’s never a fee to apply for home energy upgrades financing.
Will my credit be run?
Yes, in order to see if you qualify for financing, we’ll need to run your credit; however, it will be a “soft” credit pull and should not impact your credit score or rating.
Is this a secured loan?
Yes. A home energy upgrade loan is a secured loan backed by the equipment installed on your property. As part of the upgrade loan process, a UCC‑1 fixture filing is completed and recorded. Fixtures are generally defined as items that are built into a property, like a new heat pump or air conditioning system. Once the loan is paid off, the filing is released.
Can I apply for more than one home energy upgrade at a time?
Absolutely. Maximum loan amount cannot exceed $20,000.
Who will complete the home energy upgrades?
Every home energy upgrade is performed by a member of TVA EnergyRight’s Quality Contractor Network. They are licensed and insured and have been trained to meet our quality standards. We also offer a free job inspection after the work is complete for additional peace of mind.
Who should I contact if I have more questions?
Contact your local power company for more information about home energy upgrades financing. You can also call 1-855-237-2673 or email support@mytva.com to reach TVA EnergyRight’s customer service team.
Find more ways to save energy at home.
Be sure to check out these great resources from TVA EnergyRight and your local power company, because saving energy is saving money.
Home energy rebates
DIY Home Energy Assessment
EnergyRight Marketplace
Questions? Give us a call!
We are here to help. Call (855) 237-2673 for immediate assistance from a member of our team.