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Heat Pump Loan Program

Low cost loans for heat pump installations in Coastal Alaska.

view of downtown juneau from mount roberts
JUNEAU

True North has partnered with Alaska Heat Smart and Southeast Conference a Juneau-based non-profit, to offer low-cost financing for homeowners or renters looking to install heat pumps in their homes or businesses.

The goal is that the interest paid on this loan will be less than the heating bill savings realized by installation of the heat pump. Once the loan is paid off, the savings only go up!

  • Amounts up to $20,000
  • Terms up to 60 months (see details)
  • Rates as low as 4.00% APR

Contact Alaska Heat Smart (aces@akheatsmart,org) to Receive a Heat Pump Assessment Report and learn if you qualify for a financail assistance program.

How to Apply

  • Click on Apply Now button
  • Under “Loan Type”, choose “Heat Pump”
  • Choose a loan amount of up to $20,000
  • Choose a loan term of up to 60 months
  • Once in contact with a True North loan officer, provide them with your Heat Pump assessment report to confirm your eligibility

Apply Now