With old roadblocks removed, new leasing and financing options are now available for residential geothermal.
GREENVILLE, Ill., Oct. 28, 2026 /PRNewswire/ — Enertech Global LLC, a leading manufacturer and distributor of geothermal and air-to-water heat pump systems, has entered into two new partnerships allowing HVAC contractors to make geothermal heating, cooling, and domestic hot water more accessible to more homeowners than ever. The Palmetto geothermal lease and Figure home equity line of credit are both great options for installing a geothermal heat pump with $0 down.
Palmetto has been a leader in clean energy leasing for over a decade with over $4B in deployed assets. Their new Geothermal Lease is available with no down payment and eliminates the upfront financial investment that can cause homeowners to hesitate. Maintenance and repairs are included throughout the 10-year lease term and the turnkey financing portal makes it easy for contractors to offer the Palmetto Geothermal Lease to their customers. Enertech is one of the select equipment manufacturers approved for the Palmetto Geothermal Lease.
The Figure HELOC is a line of credit with favorable interest rates when compared with personal loans or credit cards. Figure offers a contractor portal that makes it simple to track customer applications. This loan makes it easy for contractors to offer homeowners 10 to 30-year financing with no dealer fees, favorable rates, and no prepayment penalties with a simple 5-minute application process. Contractors installing Enertech heat pumps gain access to exclusive lower interest rates.
About Enertech
Founded in 1996 in Greenville, IL, Enertech is a leading manufacturer and distributor of ground-source heat pumps for geothermal HVAC applications and air-source heat pumps for hydronic HVAC applications. Enertech’s corporate headquarters is in Greenville, IL, with manufacturing in Greenville, IL, and Mitchell, SD.
For more information about Enertech, visit: enertechusa.com.
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SOURCE Enertech
