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Summary

Program Category:

Financial Incentive

Program Type:

Performance-Based Incentive

Implementing Sector:

Industrial

State:

Alabama (Limited Areas)

Contact Information

Phone:

Address:

Alabama (Limited Areas)

Website:

Click here to visit

TVA - Solar Solutions Initiative

Last Update

About

Solar Solutions Initiative (SSI) is a pilot program that offers additional financial incentives for Solar PV systems participating in the Renewable Standard Offer program. Applications for new projects for the year 2015 will open on January 2, 2015. Participants applying for the Solar Solutions Incentive program are required to apply through the Renewable Standard Offer program.

The program offers performance based incentive of $0.04/kWh for the first 10 years after the project is operational. This incentive is additional to the seasonal and time-of-day price for electricity offered through the Renewable Standard Offer program.

The total capacity for the program for the year 2015 is capped at 20 MW with set aside of 12 MW for traditional SSI participants, 4 MW for projects between 50kW- 200kW and 4MW for LPC participants. Aside from the 2015 capacity of 20MW, the program has offered total cumulative capacity of 36MW since its inception in 2012.

Details

Incentive Amount: $0.04/ kWh for 10 years in addition to the incentives offered by the Renewable Standard Offer program
Terms: Must be participating in the Renewable Standard Offer Program
Eligible System Size: 50 kW- 1 MW
Total capacity of the program capped at 20MW
Installation Requirements: Installation and construction must be done by a NABCEP-certified contractor that works in the TVA region
Ownership of Renewable Energy Credits: Owned by TVA

Other Incentive Programs

For other incentive programs in Alabama, please click here.

Please note that the information on this page is derived from DSIRE's Database of State Incentives for Renewables & Efficiency operated by NC Clean Energy Technology Center.