Up to $500 in Rebates on Heat Pumps
Coast Electric Power Association (CEPA) provides rebates on heat pumps to new homes which meet certain weatherization standards. To qualify for this rebate the home must meet certain criteria. If these criteria are met, the home owner can receive rebates ranging from $300 to $500 for new, energy efficient heat pumps and geothermal heat pumps. This program is available to CEPA members only and various other requirements may apply. CEPA also has a Comfort Advantage for Existing Homes Program which provides CEPA members with a rebate of $300 when they change out their existing strip heat/air conditioning or gas system to a heat pump with a rating of 13 SEER or higher. Contact: Customer Service, Coast Electric Power Association, 302 US Highway 90, PO Box 2430, Bay St. Louis, MS 39521-2430; 228-467-6535; 800-624-3348; http://www.coastepa.com/ca_res.aspx

Loans up to $10,000 for Energy Efficient Upgrades to your Home
Mississippi Power offers loans to its residential customers to help pay for energy efficient upgrades. The loan can be used for heat pumps, heating & cooling systems, electric water heaters, electric cooking if included with electric heat or electric hot water heating, thermal improvements, duct sealing and infiltration control insulation, storm doors, windows and programmable thermostats. Loans from $500 to $10,000. Interest rates can be as low as 9.9% and the term can be 2, 4, 5 or 6 years. Contact: Mississippi Power, Heat Pump Financing, PO Box 4079, Gulfport, MS 39502-4079; 866-251-1943; Fax: 228-865-5843; http://www.mississippipower.com/residential/financing.asp

Rebates up to $150 to Replace Old Gas Heat Pumps
Mississippi Power offers a $150 rebate to their customers when they replace their old gas heat pumps, and a $100 rebate when they replace their old gas water pumps with new energy efficient electric space and water heating. Contact: Mississippi Power, Customer Service, PO Box 4079, Gulfport, MS 39502-4079; 866-251-1943; 800- 532-1502; Fax: 228-385-5249; http://www.mississippipower.com/residential/home.asp

Receive up to $500 in Rebates
Receive up to $500 in Rebates
Pearl River Valley Electric Power Association provides incentives through its Comfort Advantage Program to encourage energy efficiency within the residential sector. Rebates are available for heat pumps ($200) and electric water heaters ($150) in both new and existing homes. However, higher rebates are offered if a home meets the standards of a Comfort Advantage Home. Such homes must be new and meet certain criteria. If these criteria are met, the home owner can receive rebates up to $500 for new, energy efficient heat pumps (SEER of 15 or higher) or geothermal heat pumps. These Comfort Advantage incentives are paid to whoever decides to incorporate Comfort Advantage Standards, either the owner or builder. Contact: Customer Service, Pearl River Valley Electric Power Association, PO Box 1217, 1422 Highway 13 North, Columbia, MS 39429; 601-736-2666; 601-736-1271; http://www.prvepa.com/comfadv.html

$500 to Replace Your Heat Pump
Singing River Electric Power Association provides rebates on heat pumps to new homes which meet certain weatherization standards. To qualify for this rebate the home must meet certain criteria. If these criteria are met, the home owner can receive rebates ranging from $300 to $500 ($150 for each additional unit) for energy efficient heat pumps and geothermal heat pumps. This program is available to Singing River members only and various other requirements may apply. Singing River EPA also has a Comfort Advantage for Existing Homes Program which provides members with a rebate of $300 when they change out their existing strip heat/air conditioning or gas system to a heat pump with a rating of 13 SEER or higher. Contact: Customer Service - SREPA, Singing River Electric Power Association, P.O. Box 767, Lucedale, MS 39452; 601-947-4211; 228-497-1313; http://www.singingriver.com/ca.html

Get $450 in Rebates to Replace Your Heat Pump
Southern Pine Electric Power Association offers the Comfort Advantage Home Program which provides rebates on heat pumps to new homes which meet certain weatherization standards. The home must meet certain criteria; once this is done the home owner can receive rebates ranging from $300 to $450 for new, energy efficient heat pumps. Contact: Customer Service, Southern Pine Electric Power Association, 110 Risher Street, PO Box 60, Taylorsville, MS 39168; 800-231-5240; 601-785-6511; http://www.spepa.com/

Low Interest Fixed Rate Loans for Energy Efficient Heat Pumps
Tallahatchie Valley Electric Power Association, in conjunction with The Tennessee Valley Authority, helps their residential members finance new energy efficient heat pumps through their Energy Right Heat Pump Loan Program. Customers who qualify for the loan can borrow money with a low, fixed interest rate for up to 10 years to finance the purchase of a new heat pump. Contact: Customer Service, Tallahatchie Valley Electric Power Association, PO Box 513, 250 Power Drive, Batesville, MS, 38606; 662-563-4742; Fax: 662-563-8615; http://www.tvepa.com/programs.htm

Low Interest Loans for Replacement Heat Pumps
Tupelo Water and Light, through a partnership with The Tennessee Valley Authority, offers low-interest financing to qualified customers who wish to install/replace an electric heat pump in their homes. The present TVA guidelines allow a maximum loan amount of $7,500 to be repaid over a ten year period at an interest rate of 9%. To gain financing, customers must complete a loan application available at TW&L's offices. Once financing has been approved, Tupelo Water and Light will provide the customer with a list of approved contractors. These contractors will give free estimates, and if any insulation is required to bring the home up to TVA standards, this cost may also be included in the loan for the heat pump. Contact: Billing & Collections Office, Tupelo Water and Light, 320 Court Street, Tupelo, MS 38804; 662-841-6470; http://www.ci.tupelo.ms.us/water-light/heat_pump_prog.htm

$500 Incentive for Solar and Wind Projects
Participating power distributors in TVA's Green Power Switch Generation Partners program offer production-based incentives for solar photovoltaics (PV) and wind projects to residential/small-commercial customers. The energy generated from participating projects will be counted toward the green power resources for TVA's green pricing program, Green Power Switch. Under the residential/small-commercial contract, TVA will purchase the entire output of a qualifying system at $0.15 per kWh through a participating power distributor, and the consumer will receive a credit for the power generated. Qualifying sources for residential/small-commercial projects include photovoltaic and wind turbine systems with a minimum output of 500 watts AC and a maximum of 50 kW. Until a total capacity of 150 kW has been reached, the owner of a qualifying residential system will receive a $500 payment when the site is connected to the grid. The goal for the entire program is 5 MW. The credit of $0.15/kWh is available for a minimum of 10 years from the signing of the contract, regardless of the amount produced. Contact: Tennessee Valley Authority, 400 W. Summit Hill Dr, Knoxville, TN 37902-1499; 865-632-2101; http://www.gpsgenpartners.com/