Boost home efficiency with a geothermal heat pump rebate.
Maximize your home’s heating and cooling efficiency and get a $1,500 geothermal heat pump rebate from TVA EnergyRight® and your local power company.
Save on a more energy-efficient home.
Explore rebates for geothermal, air-source and dual-fuel heat pumps. A member of our Quality Contractor Network can help you find the right system for your home.
- $1,500
- Geothermal heat pump
- $800
- 17 SEER2 or higher
- $500
- 15 SEER2 or higher
A more efficient way to heat and cool your home.
Save up to 70% on heating and cooling.
Enjoy a longer system lifespan.
Minimal maintenance and lower repair costs.
Reduce energy consumption.
SOURCE: Angi, Fixr, This Old House
Find out how a geothermal heat pump works and how it can save you money.
Whether you’re still exploring all your heating and cooling options or you’re ready to take a deeper dive into how geothermal heat pumps work, we’re here to help.
Is it time to replace your heating and cooling equipment?
Check out our heating and cooling guide to explore all of your energy efficient upgrade options and find the one that’s right for you and your home.
How do geothermal heat pumps work?
A geothermal heat pump works by transferring heat to or from the ground surrounding your home and using it to heat and cool the inside of your home.
Here’s how to apply for a geothermal heat pump rebate:
You can get started by choosing a local, TVA-vetted contractor from our Quality Contractor Network. Your selected contractor will complete all rebate-eligible upgrades, and they’ll even submit your rebate request for you!
1. Find a contractor.
Search our Quality Contractor Network to find a TVA-vetted, licensed and insured contractor to perform your upgrade.
2. Complete upgrade.
Once your upgrade is complete, your contractor will submit your rebate to TVA EnergyRight for processing.
3. Claim your rebate.
Look for an email from TVA EnergyRight with your redemption code to claim your rebate.
NOTE: All TVA EnergyRight rebate-eligible upgrades must be completed by a member of the Quality Contractor Network and meet TVA standards effective on installation date.
Get $0 down financing on home energy upgrades.
Affordable $0 down financing may be available from your local power company for your home energy upgrades.
I’m all for saving money, both in the long run and getting a rebate back from TVA EnergyRight.
John S.
Kingston, TN
Nearly half of the energy used in your home goes to heating and cooling. So making smart decisions about your home's heating, ventilating and air conditioning (HVAC) system can have a big effect on your utility bills — and your comfort.
ENERGY STAR
The rebate process was super easy. I had no idea I was going to get a rebate, and all of a sudden, there’s a check in my mailbox. I was like, ‘this is awesome'!
Debbie H.
Knoxville, TN
Explore more heating and cooling rebates.
Geothermal heat pumps aren’t your only opportunity for a rebate! When you work with a member of our Quality Contractor Network, you can save money on energy-saving upgrades like central air conditioning, heat pumps, HVAC tune-ups and more.
Mini split heat pump (17 SEER2 or higher) | $800 |
Heat pump (15 SEER2 or higher) | $500-$800 |
Central air conditioning | $200-$400 |
HVAC tune-up | $50 |
FAQ: Know more. Save more.
Get your questions about geothermal heat pumps answered here!
What is a geothermal heat pump?
A geothermal heat pump is an energy-efficient heating and cooling system that uses the relatively stable ground or water temperatures to efficiently heat and cool your home. Instead of creating heat, the system transfers heat between your home and the ground.
How does a geothermal heat pump work?
A geothermal heat pump uses underground pipes, called a loop, to transfer heat. In winter, the system pulls heat from the ground or water and brings it into your home. In summer, it reverses the process, moving heat from your home into the ground, pond or lake.
How much can a geothermal heat pump save me on energy costs?
A geothermal heat pump can cut heating and cooling energy costs by approximately 50%-70% compared with conventional fossil-fuel systems. Actual savings depend on factors such as your home’s size, insulation, existing HVAC system, energy use and the geothermal system installed.
Does a geothermal heat pump require digging?
Yes. Installing the ground loop generally requires excavation or drilling. The amount and type of work depend on your property, soil conditions and the geothermal system design. Be sure to work with a member of the Quality Contractor Network!
Can I install a geothermal heat pump if I have a small yard?
Possibly. Different ground-loop configurations can accommodate different properties. Your contractor can determine whether your property has enough space for a ground loop system.
Can geothermal heat pumps be installed on existing homes?
Yes. Although they’re typically associated with new construction, geothermal heat pumps aren’t limited to new builds! A contractor can evaluate your existing property to determine whether a geothermal heat pump is a practical upgrade.
What’s the difference between a mini split, an air source heat pump, a dual fuel heat pump and a central air conditioner?
Yes! TVA EnergyRight and participating local power companies offer a $1,500 rebate on systems installed by qualified contractors in the TVA Quality Contractor Network.
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.
Tips & advice
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