If you’ve been wanting to purchase and install a high-efficiency heat pump system, which, when properly installed, is the most economical way to heat your home, then our low-interest loan program through ElecTel Cooperative Federal Credit Union may be just what you need.

The effectiveness of any heating/cooling system depends on proper installation. Haywood EMC provides our members with a list of licensed HVAC contractors.

Facts about today’s heat pumps:

  • Replacing your old heat pump with a new high-efficiency heat pump can reduce energy bills by 30% to 40%.
  • Today’s high-efficiency heat pump is the best choice for new construction.
  • Heat pumps promote better indoor air quality.
  • Heat pumps are more reliable and require less maintenance than propane systems.
  • Heat pumps deliver warm, even air temperatures during winter with heating outputs comparable to high-efficiency gas systems.
  • New heat pumps have a more stable operating cost than propane furnaces.
  • Heat pump systems increase property values.
  • For every dollar spent on electricity, heat pumps can deliver $2 to $4 worth of heat.
  • Heat pumps operate more quietly than high-efficiency gas furnaces.
  • Heat pump owners pay less sales tax than propane system owners.
  • A heat pump home can be made more airtight than a gas home.
  • Heat pumps promote better health and safety.
  • Some heat pump systems provide hot water at virtually no cost while in the air conditioning mode.
Heat Pump Weatherization Loan