TVA - Solar Solutions Initiative (North Carolina)
Last modified on January 5, 2015.
Financial Incentive Program
|Name||TVA - Solar Solutions Initiative|
|Incentive Type||Performance-Based Incentive|
|Applicable Sector||Commercial, Industrial, Nonprofit, Schools, Local Government, Agricultural, Retail Supplier|
|Eligible Technologies||Furnaces, Heat pumps, Central Air conditioners, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Siding, Roofs, Photovoltaics|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||0.04/ kWh for 10 years in addition to the incentives offered by the Renewable Standard Offer program|
|Eligible System Size|| 50 kW- 1 MW
Total capacity of the program capped at 20MW
|Start Date||Febuary 2012|
|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|
|Terms||Must be participating in the Renewable Standard Offer Program|
|Date added to DSIRE||2006-05-16|
|Last DSIRE Review||2014-11-12|
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.
|Contact Name||Renewable Standard Offer|
|Address||26 Century Boulevard|
|Address 2||OCP 6A|
|Place||Nashville, North Carolina|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.