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, then call 423-648-1372 and we’ll be happy to place your order or answer any questions you may have.
One-time cost of $578 + 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
*When purchasing License Agreement service, please download and sign this agreement.
Yes. At most, customers may only license enough panels to cover the average of their power usage over the last 12 months or 100 panels whichever is less.
Yes, we register our system’s RECs with the North American Renewables Registry (NAR). NAR ensures that the power from our solar array is verified by an independent third party. (NAR is an independent third party that verifies our solar array’s production and its RECs.)
Each solar panel within the array is estimated to produce approximately 37 kWh per month. Determine the percentage of your home’s energy use you want to receive as a solar credit and multiply that by your average monthly energy use. For example, if you want 25% of your home‘s power use to be solar, and your average use is 1,600 kWh per month, you would license 11 panels (1600 x .25 = 400 ÷ 37 = 10.8)
Equipment and wiring repairs, equipment inspections, cleaning of the panels as needed, electronic monitoring of the equipment, and administrative costs associated with the operation of the site.
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.
This depends on several factors — primarily the participation of our customers in this project. If the demand for local solar energy generation exceeds this installation, EPB will work with TVA to determine if we can install additional solar generation.
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.