Solar Solutions Initiative (SSI) is a pilot program that offers additional financial incentives for Solar PV systems participating in the Renewable Standard Offer program. Applications for new projects for the year 2015 will open on January 2, 2015. Participants applying for the Solar Solutions Incentive program are required to apply through the Renewable Standard Offer program.
The program offers performance based incentive of $0.04/kWh for the first 10 years after the project is operational. This incentive is additional to the seasonal and time-of-day price for electricity offered through the Renewable Standard Offer program.
The total capacity for the program for the year 2015 is capped at 20 MW with set aside of 12 MW for traditional SSI participants, 4 MW for projects between 50kW- 200kW and 4MW for local power company participants. Aside from the 2015 capacity of 20MW, the program has offered total cumulative capacity of 36MW since its inception in 2012.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Virginia |
| Incentive Type: | Performance-Based Incentive |
| Web Site: | http://www.tva.com/renewablestandardoffer/ssi.htm |
| Administrator: | Tennessee Valley Authority |
| Start Date: | Febuary 2012 |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | $0.04/ kWh for 10 years in addition to the incentives offered by the Renewable Standard Offer program |
| Terms: | Must be participating in the Renewable Standard Offer Program |
| Eligible System Size: |
50 kW- 1 MW Total capacity of the program capped at 20MW |
| Installation Requirements: | Installation and construction must be done by a NABCEP-certified contractor that works in the TVA region |
| Ownership of Renewable Energy Credits: | Owned by TVA |
| Technologies: | Solar Photovoltaics |
| Sectors: | Commercial, Construction, Industrial, Local Government, Nonprofit, Schools, State Government, Federal Government, Tribal Government, Retail Supplier, Agricultural, Institutional, Integrators |
| Parameters: | The incentive is 0.04 $/kWh, The system has a maximum of 50.00 kW, The system has a minimum of 1.00 MW |
| Name: | Renewable Standard Offer |
| Address: |
26 Century Boulevard Nashville TN 372141 |
| Phone: | (432) 751-2372 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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