NASHVILLE, Tenn. — More than 400 property owners who use solar power to generate electricity at their homes or businesses are getting paid for it with the help of the Tennessee Valley Authority and local power distributors. Some residents have large enough arrays of solar electric generation panels that they get rolling credits on their electricity bill or year-end checks. Most are in Tennessee and The Tennessean reports another 200 projects are in the pipeline.
The Generation Partners program allows property owners to feed electricity into the grid and some distributors, like the Nashville Electric Service, pay more than double what the utility charges for power. The program has grown increasingly popular. NES now has 63 customers generating power and 15 others about to begin.
In Ashland City, Carly and Ed Wansing have a $100 credit on their most recent home electricity bill. They installed their panels in 2007 and are leaving the credit to make up for other months when they might use more electricity.”We build up our credit in the spring and the fall and use the credit in the summer and the winter,” said Carly Wansing, an architect with Street Dixon Rick, which also has solar panels. Their 2.16-kilowatt solar panel system cost them $11,500 after incentives and should take 12 more years to pay off. Along with a $2,000 federal tax credit, the Wansings got a $500 sign-up payment from TVA’s Generation Partners program.
Andy Sudbrock got checks from his electric utility in Williamson County last month that totaled $2,010 for electricity generation from panels on the barn at his plant nursery company, Nashville Natives. “That doesn’t factor in all the electricity we didn’t have to pay for, either,” he said. “We had zero electricity bills all year.” He virtually paid for the $60,000 8.28-kilowatt solar power system in the first year, thanks to some incentives.
Via: The Huffington Post