All rights reserved. About Contact Privacy Policy. TVA retains sole rights to any renewable energy credits. The power is purchased through a participating power company and payment is made in the form of a credit issued by the local power company on the monthly power bill for the home or business where the generation system is located. If a system produces more electricity than it consumes, payment for the excess generation will be issued either monthly or annually, at the discretion of the power company.
The installed capacity goal for the entire program is megawatts MW. The production incentive is available for a minimum of 10 years from the signing of the contract, regardless of the amount produced. The power is purchased through a participating power company and payment is made in the form of a credit issued by the local power company on the monthly power bill for the home or business where the generation system is located.
If a system produces more electricity than it consumes, payment for the excess generation will be issued either monthly or annually, at the discretion of the power company.
The installed capacity goal for the entire program is megawatts MW. The production incentive is available for a minimum of 10 years from the signing of the contract, regardless of the amount produced.
Systems must have a minimum output of watts AC and a maximum output of kilowatts. Installations must also comply with local codes and adhere to guidelines established by the program. All equipment must be in compliance with environmental regulations and national standards, certified by a licensed electrician, and meet all applicable codes.
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