Products
Conveniences
Financing Energy Improvements
Gibson Electric offers financing programs to help members reduce energy costs and improve comfort with an energy-efficient electric heat pump or a conventional electric water heater.
Heat Pump Financing:
Finance heat pump equipment, installation costs and even added insulation upon credit approval.
There is no down-payment required. Payments are added to your monthly electric bill.
Loan amounts are offered up to $20,000 for any heat pump unit - including multiple units.
Applicant(s) must be Gibson Electric member(s) for a minimum of six months, and be the legal owner of the property where the heat pump is to be installed.
Loans are non-transferable, and must be paid off to release lien.
A contractor must be selected from our Quality Contractor Network, and installation must meet program specifications and pass Gibson Electric program inspection for funding.
To apply, just follow the instructions below:
To access and print a heat pump financing application, click HERE. Please complete both pages of the application and return it to your local member service center, fax it to 731-562-0044 or mail it to Gibson Electric, 1207 S. College St., Trenton, TN 38382.
Water Heater Financing:
Interest-free financing for 36 months
No down-payment required. A $30 processing fee will be added to the financed amount.
Finance water heater equipment up to $600.
Finance up to $100 of installation costs for electric to electric replacements or $175 for gas to electric replacements.
The purchase and installation are quick and convenient. Visit one of our participating water heater dealers, make your selection and sign a Gibson Electric financing agreement.
Gibson Electric pays the dealer and sets up interest-free financing on your monthly electric bill.
For additional details regarding our financing programs, call (731) 855-4740, ext. 1615, or contact your local Gibson EMC member service center.