Main Content
3x4-support-cover.jpg
Support

How can we help you today?

What is the benefit of Solar Share if my monthly cost is higher than my bill credit?

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.

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

Was this information useful?

Related FAQs

Solar Share is located along Holtzclaw Avenue across from Warner Park.

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

Information about TVA's Green Power Switch, now known as Green Switch, are coming soon. Please check back for updates.

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.

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

For current Solar Share participants: Each solar panel within the array is estimated to produce approximately 37 kWh per month. Determine the percentage of your business'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 company'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).

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

Solar Share helps current participants feel good about purchasing clean, renewable, sustainable energy. It's an affordable way to invest in a sustainable future without the hassle and upfront costs of installing your own rooftop solar array – which enables renters to participate as well. Plus, there are no contracts, so customers can cancel at any time.

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

For current Solar Share participants, there are several options. You can buy a multi-year license for a one-time payment of $578 per solar panel, plus a $10 annual maintenance fee per panel in exchange for a monthly bill credit equal to the generation of the total number of panels licensed. Panel licenses can be sold back to EPB at any time for a depreciated rate. You can lease month to month for $3.50 per panel per month, you will receive a monthly bill credit equal to the generation of the total number of panels you select. This low-cost option can be cancelled at any time.

The total power output of the entire array is nearly 2 million Kilowatt Hours per year – which could supply the annual energy needs of approximately 130 average homes.

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

For other questions, get in touch with us

LOADING