HVAC incentive offering

HVAC (heating, ventilation and air conditioning) systems have a major impact on energy usage. Proper selection, installation, operation and maintenance of HVAC systems can yield substantial energy savings, help control seasonal spikes in energy usage and improve comfort and air quality in your commercial or industrial setting.

Variable refrigerant flow and dual fuel heat pumps

Whether you are ready to replace your aging gas-fired system, or building a new facility, we want to help. Heat pump innovation has advanced rapidly over the past decade. Systems that used to be considered specialized or exotic are now available as standard options. Heating that utilizes both electric heat pumps and natural gas back up in extreme cold conditions as well as variable refrigerant flow systems with variable speed compressors can improve the bottom line for business owners.

There’s no time like right now.

Ready to make your workplace safer and improve the comfort and air quality in your commercial or industrial setting? All of our incentives are subject to approval by TVA and your LPC and are contingent upon available funding. And we have great news: Funding is still available for 2022.

Incentives open to all Business & Industry customers

Standard incentives for HVAC equipment are open to all commercial and industrial customers of TVA and its local power companies subject to eligibility requirements and funding availability. Pre-approval IS NOT required before you purchase or install new HVAC units. The final incentive payment is based on actual installed equipment.

Equipment is installed
Application must be sent within 60 days of the HVAC unit(s) installation date based on required invoices and spec sheets uploaded to Online Application (OLA).

Equipment not installed
An estimated completion date will be entered in the OLA. Customer will receive application approval communication with an estimated incentive. Equipment may be purchased prior to the approval communication. Spec sheets are required to be uploaded with the OLA. Once installed, equipment invoices must be submitted within 30 days.


What's eligible?

If the equipment you wish to install is not displayed in the tables below, it does not qualify for an incentive. Contact the operations center at 866-233-0450 for more information.

HVAC Incentive chart



Eligibility recommendations

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Get the information you need before you make the switch. It’s easy to get started. All you need to do is select a Preferred Partners Network (PPN) contractor or Request Expert Solutions from multiple PPN contractors.

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Everything you need to know about incentives for your business.

View our step-by-step guide to applying for business incentives.

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