Tennessee Valley Generation Partners Grant
| Program Type | Performance-based Incentive |
|---|---|
| Technologies | Photovoltaics, Landfill Gas, Wind Energy, Biomass, Low-impact Hydroelectric |
| Amount | $1,000 plus $.12 for solar and $.03 cents for other technologies per kilowatt hour |
| Required Documentation | Completed application submitted to local utility within the TVA jurisdiction |
| Official Web Site | http://www.tva.com/greenpowerswitch/partners/ |
The TVA has created an incentive program for independent residents and companies that want to generate green power.
Residents living within the jurisdiction of the TVA qualify for a $1,000 payment when they hook new renewable energy sources up to the grid.
They will also receive $.12 above the market rate for power for every kilowatt hour (kWh) of solar power they contribute to the electricity grid and $.03 per kWh for other renewable energy sources like wind and low-impact hydro-electric power generation.
The independent generators can contribute as little as 500 watts and as much as 2,000 kW.
The payments will show up as credits against power usage on the statements from the local utility company and are guaranteed for 10 years.
Maintenance and upgrades to the independent power generation systems are the sole responsibility of the system owners.
