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
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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.
All of our offsets come from EPB’s solar installation on Holtzclaw Avenue.
Yes, customers who buy panel leases and licenses automatically get the environmental benefits, including offsets. Other offsets available for purchase come from panels that have not been bought or leased, and they are available on a first come, first served basis.
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.
Charges will appear the month after you sign up with credits appearing the month after that. For example, if you contact EPB and sign up on July 15, 2017 for a panel, you will see the CHARGE on your AUGUST invoice (the next month and all following months). The CREDIT will appear on your SEPTEMBER invoice (approximately 2 months after you sign up and all following months). Why? During the first month after your purchase, your panel is generating electricity. That generation is accumulated throughout the month and then credited on your next bill. If a customer opts for the 20-year license, this is a one-time only charge.
Green Power Switch charges $4 for 150 kWh of a mix of alternative generation, mainly wind from across TVA’s service territory. EPB Solar Share offsets are $5 for 100 kWh of local, Chattanooga-made, 100% solar power.