Generation PartnersSM
Homes and businesses that participate in Green Power Switch® (GPS), a green
power pricing program, are doing something good for the environment. TVA and Fort
Loudoun Electric Cooperative offer consumers an additional opportunity to help protect
the environment - a program called Generation Partners. Generation Partners provides
technical support and incentives for the installation of renewable generation systems.
The program makes more green power available for GPS subscribers, and it creates
a market for green power generation by homeowners and businesses.
Program participants support the environment by helping keep the Tennessee Valley
clean and green. They also benefit by defraying the costs of their renewable system
installation and lowering their monthly energy bills through the revenue they receive
from the sale of the green power.
How the program works
- A renewable generation system is installed by a residential, commercial, or industrial
power customer served by Fort Loudoun Electric Cooperative. Eligible resources include solar, wind, low impact hydro, and biomass.
- TVA will purchase all of the green energy output at a rate of 12 cents per kilowatt-hour
for solar and 3 cents per kilowatt-hour for other renewable generation as a premium
payment above the retail rate and any fuel cost adjustments. For
example, if you pay Fort Loudoun Electric Cooperative 10 cents per kWh for the electricity
you use to your power your home each month, then TVA will pay you 22 cents (10 cents
plus a 12 cent guaranteed premium) per kWh for 100% of the green energy generated
from your solar photovoltaic system. Moreover, a 2 kW solar photovoltaic (PV) installation
in the Valley averages 200 kWh per month or roughly $44 per month Generation Credit:
200kWh X $0.22/kWh (average retail rate of $0.10 + solar premium $0.12) = $44
- All new Generation Partners participants will receive a $1,000 incentive to help
offset start-up costs.
- Fort Loudon Electric Cooperative will provide monthly statements showing the energy
used and any credit due. Power bills will be reconciled either monthly or annually,
at the discretion of FLEC consumed at the home or business, whether it is generated
at the site or delivered over the local power distribution system, is billed at
the standard rate.
- The customer is guaranteed payments for 10 years from the start of the agreement
with Fort Loudoun Electric Cooperative.
- Customers should contact Fort Loudoun Electric Cooperative to apply for participation in the program
prior to purchasing a renewable generation system.
Generation Partners support the environment by using renewable energy sources, and
they reduce their monthly energy bills through the revenue they receive from the
sale of the green power.
You do not have to subscribe to the Green Power Switch program to participate in
GPS Generation Partners, nor does the power distributor have to be a participant
in Green Power Switch.
Provisions and system requirements
Generation sources must fulfill the following requirements to qualify:
- They must have a minimum total nameplate generation capacity of 500 watts and a
maximum of less than 1 megawatt (MW).
- They must not have previously generated power into the grid prior to January 2008
or must use new renewable resources in existing equipment.
- They must meet accreditation requirements, if applicable, set by the Center for Resource Solutions for Green Power Switch.
Following are the installation requirements:
Please note that the installation requirements are subject to Fort Loudoun Electric
Cooperative standards.
- Submit a completed application form for interconnection to Fort Loudoun
Electric Cooperative prior to purchasing equipment.
- Must comply with all requirements established by Fort Loudoun Electric Cooperative
for interconnection to their distribution system including signing the Interconnection Agreement.
- Interconnection and safety equipment must be listed by UL or ETL for continuous
interactive operation with an electric distribution system.
- All equipment must include a manual, lockable visible load break disconnect switch
easily accessible by Fort Loudoun Electric Cooperative.
- Must be manufactured and installed in compliance with the National Electric Code.
- Must be permitted and certified by a licensed electrician, and pass applicable code
inspections.
- Installer must be certified by the North American Board of Certified Energy Practitioners (NABCEP).
Note: You must check with Fort Loudoun Electric Cooperative for program details
and specific requirements for participation prior to purchasing a renewable generation
system.
Other provisions
- TVA retains sole rights to any renewable energy credits.
- The purchase, installation, operation, maintenance, repair, or replacement of the
system as well as interconnection and safety equipment are the responsibility of
the participant.
If you are interested in learning more about becoming a Generation Partner, contact
Fort Loudoun Electric Cooperative.