In August 2007 Kentucky established the ''Incentives for Energy Independence Act'' (IEIA) 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. For renewable energy facilities, IEIA provides incentives to companies that build or renovate facilities that utilize renewable energy.
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. For renewable energy facilities, the bill provides incentives to companies that build or renovate facilities that utilize renewable energy, which may include:
The Tennessee Valley Authority (TVA) energy right In-Home Energy Evaluation Pilot Program encourages the installation of energy-efficiency improvements in existing single family dwellings. The program offers an in-home energy assessment as well as financing options and rebates/incentives to help homeowners who choose to make investments in significant energy efficiency improvements. Evaluations are performed by TVA-certified energy advisors and measures are inspected after installation.
Customers should contact their local utilities to see if the program is currently offered.
The TVA energy right Water Heater Plan promotes the installation of high efficiency water heaters in homes and small businesses. TVA provides a $50 incentive to local power companies for each installation. Power Companies may pass these incentives on to customers.
Customers should contact their local power company to see what programs are offered.
The Tennessee Valley Authority (TVA) ''energy right'' New Homes Plan provides incentives for all-electric, energy-efficient new homes by offering graduated rebates for new homes. Homes built at least 7% better than code qualify for the entry level of the program while those built 15% better qualify as energy right Platinum or Platinum Certified (ENERGY STAR Certified). A variety of efficiency standards must be met in order to reach the specified levels. In addition, incentives are offered for advanced water heaters installed in new homes.
The Tennessee Valley Authority (TVA) energy right Heat Pump Plan provides financing to promote the installation of high efficiency heat pumps in homes and small businesses. Installation, performance, and weatherization standards ensure the appropriate sizing of equipment and operation of the system. TVA maintains a Quality Contractor Network (QCN) from which customers can choose an installer. Through a third-party lender, TVA provides financing for residential heat pumps with repayment on the customer’s electric bill and a term of up to 10 years.
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.