$500 for Going Green in Tennessee

Through the Green Power Switch Generation Partners program, consumers participate as either residential/small-commercial or commercial customers. Under the residential/small-commercial contract, TVA will purchase the entire output of a qualifying system at $0.15 per kWh through a participating power distributor, and the consumer will receive a credit for the power generated. Under the larger commercial contract, TVA will purchase the output at $0.20 per kWh. Until a total capacity of 150 kW has been reached, the owner of a qualifying residential system will receive a $500 payment when the site is connected to the grid. The goal for the entire program is 5 MW. The credit of $0.15/kWh is available for a minimum of 10 years from the signing of the contract, regardless of the amount produced. Payment is made in the form of a credit issued by the local power distributor on the monthly power bill for the home or business where the generation system is located. TVA retains sole rights to any renewable energy credits.  For a current list of TVA distribution utilities in Kentucky participating in the program, refer to Green Power Switch Generation Partners program website at http://www.tva.com/greenpowerswitch/distributors.htm.  Contact:  Tennessee Valley Authority, 400 W. Summit Hill Dr., Knoxville, TN 37902-1499; 865-632-2101; http://www.tva.com/greenpowerswitch/partners/

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