Rebates And Financing
Rebates And Financing | Heating and Air Conditioning | Walland
Imagine upgrading your home’s comfort in Walland, trimming your utility bills, and pocketing instant savings—HEP makes it possible. Our exclusive rebates pair with flexible 0%-interest financing to put high-efficiency heating and air conditioning systems within easy reach, so you can swap noisy energy-hogs for quiet, eco-friendly equipment without draining your bank account. From speedy approvals to paperwork-free rebates applied right at purchase, we handle the details while you start enjoying lower monthly costs.
Whether you’re planning a mid-season replacement or gearing up for next year’s temperature swings, our Walland team is ready to guide you through every option, incentive, and tax credit. Let HEP turn today’s smart investment into year-round comfort—schedule your free estimate, lock in the savings, and feel the difference from the very first breath.
FAQs
What rebates are currently available for new heating or air-conditioning systems in Walland?
Homeowners in Walland may be eligible for three main incentive sources: (1) local utility rebates through the Tennessee Valley Authority (TVA) EnergyRight® Residential HVAC program—typically $50–$250 per ton for qualifying heat pumps or high-efficiency central air systems rated at least 15.2 SEER2 and 8.1 HSPF2; (2) manufacturer rebates that change seasonally but can add $200–$1,200 on select ENERGY STAR® heat pumps, furnaces, or ductless systems; and (3) federal tax credits under the Inflation Reduction Act (IRA) worth up to 30 % of project cost, capped at $2,000 for heat pumps or $600 for qualifying air conditioners, furnaces, or advanced circulating fans. Our comfort specialist will calculate every program you qualify for during the free estimate so you do not leave money on the table.
How do I qualify for the new 25C federal tax credit on high-efficiency HVAC equipment?
To claim the 25C credit, the equipment must meet the latest ENERGY STAR® “Most Efficient” criteria: at least 15.2 SEER2/12 EER2/8.1 HSPF2 for split heat pumps and 16 SEER2/13.4 EER2 for split air conditioners. The system must be installed in your primary residence by a licensed contractor, placed in service after 1-Jan-2023, and you must retain a manufacturer’s certification statement. At tax time you file IRS Form 5695 and include the project cost (equipment + labor). The credit equals 30 % of that cost, capped at $2,000 for heat pumps and $600 for A/C or gas furnaces, and can be taken every calendar year that you complete a qualified upgrade.
What financing options do you offer if I’m not ready to pay for a new system all at once?
We partner with several lenders to make comfort upgrades affordable. Popular plans include: (1) 0 % APR for 18 months with equal payments, ideal when you expect a utility rebate or tax refund; (2) low fixed APR loans (6.99 %–9.99 %) up to 10 years, which can keep payments in the $95–$150 per month range on most whole-home heat pump installations; and (3) a flexible “No payments, no interest for 6 months” option that converts to standard interest if not paid in full. All applications are processed online, decisions are usually instant, and approval is based on credit, income, and the project cost.
Can I combine utility rebates, manufacturer promotions, federal tax credits, and financing?
Yes. The programs work independently, so you can layer them for maximum savings. We apply the utility rebate as an instant credit on your invoice, submit manufacturer paperwork on your behalf, and guide you on filing the federal tax credit. Financing is based on the net amount after instant rebates, so you only finance what remains. Many customers reduce a $10,000 heat-pump project to roughly $6,500 out-of-pocket after stacked incentives, then finance that balance over 60 months for about $120 per month.
What is the step-by-step process to secure a utility rebate in Walland?
1) Schedule a free in-home evaluation with our TVA-approved contractor team. 2) We confirm your home’s service address and utility provider (Sevier County Electric System, Alcoa Electric, or LCUB). 3) During the visit we perform a load calculation and recommend qualifying equipment. 4) You receive a written proposal that shows the exact TVA rebate amount. 5) Once you approve, we submit the rebate application online before installation. 6) After the system is installed and inspected, TVA sends the rebate check to you (or to us for an on-invoice credit) in 4–6 weeks. All paperwork is handled by our office, and you receive email confirmations at every step.
Do I need an energy audit or home inspection to receive rebates or financing?
A full home energy audit is not mandatory for TVA HVAC rebates or federal tax credits, but a basic load calculation (Manual J) and a quality installation checklist are. Our comfort consultant completes both at no cost during your estimate. For financing, lenders require only the signed sales agreement and a matching driver’s license; no home appraisal is needed when the loan is unsecured. If you are interested in additional incentives—such as up to $4,000 in forthcoming IRA Home Efficiency Rebates—having a DOE-approved energy audit on file will be beneficial, and we can arrange one for a small fee.