
The Solar Solutions Initiative (SSI) is a pilot that began in February 2012 that provides incentive payments for mid-size solar projects in TVA's Renewable Standard Offer program if the projects use local installers in the Valley region.
SSI is a targeted incentive that aims to support the existing local solar industry, while also serving as a recruitment tool for new industry in the Valley region, adding investment and jobs. TVA projects that the Solar Solutions Initiative could help create up to $80 million of new capital investment and help retain/attract hundreds of jobs.
Projects that utilize solar panels installed by local NABCEP-certified installers may be eligible for the pilot incentive ($/kWh) in addition to the Renewable Standard Offer power purchases. The incentives are intended to capture the economic development benefits of utilizing the local workforce and increased investment, as the solar energy industry continues to show growth. There are 10 MW available in 2012, with another 10 MW available in 2013 for this pilot.
Solar Solutions Initiative - Pilot Overlay |
|
Eligible Project Size: Nameplate Capacity (kW DC) |
10 Year Incentive ($/kWh) |
> 50, up to 200 kW |
$0.06 |
> 200 kW, up to 1,000 kW |
$0.04 |
In addition to the Renewable Standard Offer Application, developers wishing to pursue the Solar Solutions Initiative pilot overlay must include the following details regarding the project when completing the Solar Solutions Initiative application:
Prior to reaching the contract stage for the RSO and SSI programs, the applicant/developer must submit the final equipment to be used, as well as installer/contractor to be used for the project, as well as any other requested changes to the previously submitted Application – projects must still be eligible for the pilot and program requirements and detailed cost receipts will be required prior to receiving the purchase payments
In order to be reviewed by TVA, the applicant must have submitted the fully completed RSO and SSI applications, along with the associated application fee(s).