IF you live on the TVA power system, buyback amount is going up.

Posted by Andy D on April 27, 2009, 01:07:03 PM

IF you live on the TVA power system, buyback amount is going up.
Tennessee Valley Authority, which covers most of Tennessee and some of Alabama, has a buy back program called Green Partners Generation that has been paying 15 cents per KwHr for every thing you can generate ( residential ) for solar/wind up to a 50 KW system size.  Starting July 1st, that is decreasing to 12 cents/kwhr, BUT that is going to be added to the retail amount you pay for power from your local distributor.....which in our case, is 9.3 cents/kwhr.....so my generation will now be 12 + 9.3 or 21.3/kwhr....which is a 42% increase for us.  ( your mileage may vary ).

With the recent increase of panels installed and some other technical issues resolved ( finally getting a tracking controller that actually WORKS ), we hope to be generating 500KwHrs/month here...which will more than offset our 900KwHrs monthly average, money wise....they may have to write US a little check !
 
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