Gibson Electric Membership Corporation customers, Kentucky · Loan
Gibson Electric Water Heater Financing
Run by Gibson Electric Membership Corporation
Gibson Electric members can buy a conventional electric water heater from a participating dealer with interest-free, no-down-payment financing for 36 months on the electric bill, up to $600 for the heater plus part of the installation.
Amounts
How much you get
Interest-free financing for 36 months, no down payment. Finances water heater equipment up to $600 plus installation up to $100 (electric to electric) or $175 (gas to electric). A $30 processing fee is added to the financed amount.
Eligibility
Do I qualify?
You need to meet all 2 of these.
Gibson Electric member.
Buy from one of Gibson Electric's participating water heater dealers and sign a Gibson Electric financing agreement there.
What to doPick a dealer from the list on Gibson Electric's services page (in Kentucky, Bumper to Bumper Auto Parts in Hickman). Get a quote from a contractor
Equipment
What equipment counts
Applying
How to apply
You apply in person.
- Visit a participating water heater dealer.
- Choose a water heater and sign a Gibson Electric financing agreement.
- Gibson Electric pays the dealer and adds interest-free payments to your electric bill.
36 monthly payments.
Questions about applying731-855-4740, ext. 1615
Stacking
Use it with
Your address
Next steps
Check that it covers your address. Then, if you want, ask for a contractor quote.
Is it available at your address?
Before anything else
Your quote request is in If a contractor we work with serves your ZIP, they can contact you. We take one request per person; contact us to change it.
Get an email if this program changes
We'll write if its amount, status or deadline changes. Nothing else.
FAQ
Questions
How much does Gibson Electric Water Heater Financing pay?
Interest-free financing for 36 months, no down payment. Finances water heater equipment up to $600 plus installation up to $100 (electric to electric) or $175 (gas to electric). A $30 processing fee is added to the financed amount.
Do I need to be a Gibson Electric Membership Corporation customer?
Yes. It’s only for homes in Gibson Electric Membership Corporation customers, Kentucky. See Do I qualify for the details.
Do I have to use a contractor?
Yes. Buy from one of Gibson Electric's participating water heater dealers and sign a Gibson Electric financing agreement there.
Is it still available?
Yes. It was open when we last checked, on October 28, 2026.
Plain words
Words used on this page
References
Sources
This page is built from these official pages, run by the program itself.
When one of these pages changes, we re-check this page against it.
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