EPB knows that renewable energy is important to our customers. That’s why we’re teaming up with Tennessee Valley Authority (TVA) to construct Chattanooga’s first community solar project, Solar Share.
Call 423-648-1372 to order today.
Solar Share is Chattanooga’s first community solar project. Developed through a partnership between EPB and TVA, Solar Share gives people and businesses an easy and affordable way to participate in green power generation. Think of it like joining a community swimming pool. It’s affordable because you share the cost among all the participants, but you get to fully enjoy the benefits without having to worry about construction, maintenance, or liability.
If you’re interested in purchasing clean, renewable energy, then Solar Share is right for you. You don’t even have to own your home to participate.
Plus, joining the Solar Share community means you’re investing in a brighter future by supporting community-based power generation in the Chattanooga area.
Choose the Solar Share option that works best for you.
One-time cost of $646 + annual maintenance fee of $10 per panel*
Monthly bill credits equal to the amount of power generated by your selected number of panels
$5 PER panel PER MONTH*
No contracts or long-term commitments
$5 per 100 kWh per month
Offset your carbon footprint with locally generated renewable energy
Just call (423) 648-1372, and we’ll be happy to answer questions and put in your order. When purchasing Solar Share 20-year service, please download and sign this agreement.
When you participate in Solar Share, you are making a responsible choice to invest in a sustainable future. That’s why we believe that Solar Share participants deserve recognition. We hope you’ll proudly display your Solar Share swag and encourage others to join.
License or lease 1-4 panels
License OR lease 5-10 panels
2 Tervis Tumblers
License or lease 11 or more panels*
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A Renewable Energy Certificate reflects the environmental benefits of 1 megawatt of renewable energy. A REC offsets the greenhouse gases associated with 1 megawatt hour of conventional, fossil fuel electricity.
Unfortunately, no. The 30% federal residential income tax credit available under Section 25D of the Internal Revenue Code only applies to homeowners making a capital investment to install solar at their home. Fortunately, Solar Share is built on a scale that allows EPB to offer pricing that is very competitive and often lower than federally subsidized rooftop installations.
Credits will depend on total generation of the array for the month prior and will be calculated at the current residential electric rate. For example, if your panel generates 37 kWh and the current residential electric is about 10.3¢ per kWh with fuel cost adjustment (view the current electric rate, or call 423-648-1372), you would receive a credit of $3.81 per panel. What’s nice about this is that if the residential rate goes up, your Solar Share bill credits become more valuable as they automatically adjust as the electric rate rises or falls.
Yes, EPB is still offering TVA’s Green Power Switch and Southeastern RECs.
At this point, whether you install panels on your house or participate in community solar, solar power generation is a premium product that’s a bit more expensive than conventional power. In the near term, the primary benefit of solar energy generation is environmental – generating energy from the sun significantly reduces carbon emission and contributes to improving the health of our planet. In the longer term, the financial benefit of solar is that it locks in your energy cost at today’s rate. As the cost of conventional power rates go up, the cost of participating in Solar Share remains the same. What’s nice about this is that as the cost of conventional electric rates goes up, your Solar Share bill credits become more valuable.
When you purchase offsets, the money goes toward the capital costs of installing the Solar Share array.
A REC refers to specifically 1 megawatt of electricity’s environmental benefits. Offsets refer to any increment of environmental benefits less than 1 megawatt hour.