TVA is offering new incentives for customers to help increase the supply
of renewable energy in the Tennessee Valley.
Generation
Partners provides
technical support and incentives for homes and
businesses that generate their own renewable
power. The startup incentive for customers to
help offset installation costs has been doubled
to $1,000.
Also, TVA has added biomass and
low-impact hydropower to the Generation Partners
program. Previously, only solar and wind
generation were eligible.
How it Works
TVA buys all of the green power you
generate at a rate of 12 cents per kilowatt-hour
for solar and 3 cents per kilowatt-hour for
other renewable above the local electric rate.
Payment is made in the form of a credit on your
monthly PRECC bill. You may also qualify for
federal tax credits.
TVA currently gets
fewer than 50 megawatts of power from renewable
sources. But they have a goal of buying up to
2,000 megawatts of wind, solar or biomass and
increasing purchases through Generation Partners
up to another 200 megawatts.
Generation Partners Participation
Agreement
Applications for Interconnection of
Distributed Generation:
Applications should be returned to the PRECC
office at
2000 Harrison St. Hopkinsville, KY or
returned via fax to (270) 885-6469, Attn: Member
Services
|
