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

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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.

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No. Your monthly credit is calculated from the total amount of energy produced at the array divided by the total number of panels.

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A REC, or "renewable energy credit," represents one megawatt of energy that has been generated using a renewable, carbon-free method, such as solar panels or windmills. You may sometimes see RECs referred to as credits, green tags, or renewable energy certificates.

RECs help us accurately measure the environmental benefits of green energy. When you purchase a REC, you're supporting renewable energy generation and displacing emissions associated with conventional sources of energy or electricity, such as coal, gas and oil.

Each solar panel within the array is estimated to produce approximately 37 kWh per month, but this amount can be higher or lower based on time of year and weather. 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).

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Joining Solar Share is like joining a community swimming pool. You share the benefits with your neighbors without the maintenance, liability and other hassles of installing your own. Plus, you can license as many panels as you want without any long term commitments. That makes Solar Share an affordable and convenient way to participate in solar generation.

Call 423-648-1372 to join Solar Share.

Yes, we are still offering TVA's Green Power Switch, now known as Green Switch.

Not at this time. To ensure consistent power generation benefits for all Solar Share participants, EPB determines each customer's monthly power generation credit by figuring the average power generation of all the panels for that month. This means that if some panels are not as well-positioned in relation to the sun, Solar Share participants are not penalized.

Call 423-648-1372 to join Solar Share.

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.

Call 423-648-1372 to join Solar Share.

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