Poor insulation. Inefficient heating and cooling units with inefficient duct systems. Heat escaping through windows in the winter or invading your home in the summer. They all add up to higher utility bills than what you should be paying. As a service to customers, Ripley Power and Light helps customers make wise energy decisions, and it will finance energy-saving purchases with payments on their monthly electric bills.

Our low-interest financing program makes it easier for our customers to buy energy-efficient electric equipment. The length of your loan varies with the cost of the item. We will finance ...

  • Energy-efficient electric heat pumps and HVAC systems purchased through one of our approved dealers for new or existing homes. More information.
  • Electric water heaters. We offer a $100 incentive to customers who switch from gas to electric water heating. We also offer no-interest financing of your purchase for up to 12 months. More information.
  • Insulation added to attic or walls to lower your utility bills and increase your comfort.
  • Storm windows when you don't need to replace your existing windows.
  • Duct work repairs and upgrades on your heating and cooling air supply systems.


Earn a rebate from us when you buy a heat pump, water heater or build an energy-efficient home.

Your biggest energy user in the summer is your cooling system, while your biggest energy user in the winter is your heating system. That’s why it makes sense to invest in an energy-efficient heat pump for your home. A heat pump works well in our climate.

To make it easier for you to purchase a unit, Ripley Power and Light will finance that heat pump with payments on your monthly electric bill. For many of our customers, the energy they save with their new heat pump offsets the cost of the monthly payments.

Heat pump rebates

  • Switch from gas heat to an electric heat pump and earn … $200.
  • Change from an electric heat pump to an energy-efficient electric one, earn … $100.

Water heater rebates

  • Switch from a gas water heater to an energy-efficient electric one, earn … $100.        
  • Replace your old electric water heater with a new, energy-efficient model, earn … $50.

New home rebates

  • Build an all-electric energy right home and earn … $300.
  • Build an all electric energy right platinum home and earn … $400.
  • Build an all-electric ENERGY STAR home and earn … $500.

We will inspect your home for free to determine the rebate amount.

You may also be eligible for a rebate through TVA's eScore Program..

Call us at 731-635-2323 or 731-836-7595 to learn more about our programs, or send us a message below. Your pocketbook will be glad that you did.