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The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are! The U.S. Department of Energy and the North Carolina Solar Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in the summer of 2014. Staff are currently working hard on the new DSIRE and are unfortunately only able to make minimal updates to the DSIRE website at this time. We apologize for any inconvenience and thank you for using DSIRE.

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Virginia

Virginia

Incentives/Policies for Renewables & Efficiency

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TVA - Mid-Sized Renewable Standard Offer Program   

Last DSIRE Review: 01/31/2013
Program Overview:
State: Virginia
Incentive Type: Performance-Based Incentive
Eligible Renewable/Other Technologies: Photovoltaics, Landfill Gas, Wind, Biomass, Other forms of generation producing no pollution or greenhouse gases, Anaerobic Digestion, Biodiesel
Applicable Sectors: Commercial, Industrial, Nonprofit, Schools, Local Government, Construction, State Government, Tribal Government, Fed. Government, Agricultural, Institutional, Retail Supplier, Systems Integrator
Amount:Seasonal and time-of-day prices are set at the date of execution of the contract agreement.
Typical pricing for 2013: Varying between $0.029/kWh-$0.82/kWh with an average of $0.037/kWh
Terms:Up to 20 year contract with a 5% increase in base rates per year.
Eligible System Size:50kW-20MW
Installation Requirements:Must be interconnected with a power distributor's or TVA's electric system
Ownership of Renewable Energy Credits:All credits and attributes are transferred to TVA.
Start Date:10/10/2010
Web Site: http://www.tva.com/renewablestandardoffer/
Summary:

The Tennessee Valley Authority (TVA) now compliments the small generation Green Power Providers Program by providing incentives for mid-sized renewable energy generators between 50kW and 20MW to enter into long term price contracts. The goal for total production from all participants is 100MW, with no more than 50MW from any one renewable technology.

TVA bases the standard offer for customer generators off of a seasonal time-of-day averages chart, which sets base prices for the term of the contract. For projects approved after January 2013, prices increase at a rate of 5% per year beginning in 2014 and may be changed with 90 days notice by TVA (no more than 1% per year). For 2013, the average price is expected to be $0.037/kWh, with a maximum of $0.082/kWh and a minimum of $0.029/kWh. Learn more about pricing here. Generation is recorded monthly through metering equipment installed by TVA and paid for by the participant.

All energy output, Renewable Energy Credits (RECs), or other environmental attributes from installations under this program belong to TVA, and all marketing of the program should indicate that TVA (not the power seller) consumes all of the energy from these renewable energy projects. Biomass, Wind, or Photovoltaics can be interconnected through either TVA's transmission system or partners' distribution systems under 10, 15, or 20 year contracts. Biomass should co-fire 50% or more with the fuel consumption content approved by TVA and separately metered. The remainder of the biomass production can be purchased through the TVA's Dispersed Power Production Program.

Before approval, the seller must provide TVA with project financing arrangements, interconnection agreements between the seller and either TVA or a Distributor, and TVA metering installation plans at an environmentally acceptable location. The participating power producer is responsible for interconnection, performance assurance, and application costs. TVA, or an approved third party, will also perform an environmental review at the seller’s cost.

 

 


 
Contact:
  Tennessee Valley Authority
Tennessee Valley Authority
400 West Summit Hill Drive
Knoxville, TN 37902
Phone: (865) 632-2101
Phone 2: (865) 632-4700
E-Mail: tvainfo@tva.gov
Web Site: http://www.tva.com/greenpowerswitch/green_comm.htm
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.