The Tennessee Valley Authority (TVA) now compliments the small generation Green Power Providers Program by providing incentives for mid-sized renewable energy generators between 50kW and 20MW to enter into long term price contracts. The goal for total production from all participants is 100MW, with no more than 50MW from any one renewable technology.
'''''Note: TVA has approved enough applications to meet the MW goals for this program for 2013, and is no longer accepting applications. However, based on current project completion rates, TVA expects 2.5 MW of reserved capacity to come available in August due to reserved projects not meeting their six-month completion deadline. Of this total, 0.5 MW will be reserved for Fast Track projects less than 10 kW. Applications will be accepted starting August 1, 2013. '''''
TVA offers the Energy Right Solutions Program to commercial and industrial facilities. In addition to prescriptive rebates for lighting, motors, HVAC, and kitchen equipment, administrators take a custom baseline of pre-installation demand and compare to post installation measurements to determine the financial incentive amount in kilowatt-hour values. The incentives program is offered along with complimentary energy assessments and reviews to determine potential areas for savings.
South Kentucky Rural Electric Cooperative Corporation (RECC) provides service to more than 60,000 customers in southeastern Kentucky. To promote energy efficiency to residential customers, South Kentucky RECC offers a variety of rebates and cash incentives.
In Kentucky, solar easements may be obtained for the purpose of ensuring access to direct sunlight. Easements must be expressed in writing and will become an interest in real property that may be acquired and transferred.
The Kentucky Small Business Tax Credit (KSBTC) program is designed to encourage small business growth and job creation by providing a nonrefundable state income tax credit to eligible small businesses hiring one or more eligible individuals and investing at least $5,000 in qualifying equipment or technology. With certain exceptions, most for-profit businesses with fifty or fewer full-time employees are considered eligible small businesses for this program.
The purpose of the program is to help small businesses acquire funding needed to start or grow their small business. KEDFA may provide terms that are more lenient, less secure, or otherwise less stringent than industry standards. The program guidelines as set forth below outline the criteria, terms, and fees for participation in the program.
The Kentucky Cabinet for Economic Development has been approved by the United States Department of Treasury to receive the Commonwealth of Kentucky’s allocation of federal funding to implement the Kentucky Small Business Credit Initiative (KSBCI).
Salt River Electric serves as the rural electric provider in Kentucky's Bullitt, Nelson, Spencer, and Washington counties. Residential customers are eligible for a variety of cash incentives for energy efficiency. The Touchstone Energy Home Program provides a rebate of up to $250 to customers building new homes that satisfy the energy efficiency requirements of the program, and who wish to install an electric water heater and either a Geothermal Heating/Cooling System or an Electric Heat Pump.
In August 2007 Kentucky established the ''Incentives for Energy Independence Act'' to promote the development of renewable energy and alternative fuel facilities, energy efficient buildings, alternative fuel vehicles, research and development activities and other energy initiatives. This includes a sales tax exemption which allows manufacturers to apply for a refund for the amount of sales or use tax paid on the purchase of new or replacement equipment for renewable energy or energy efficiency projects.