OAK RIDGE, Tenn. – EM Senior Advisor Dave Huizenga recently joined local lawmakers and state and federal officials to announce their partnership to increase focus on cleanup of mercury — one of Oak Ridge’s greatest environmental threats — at the Y-12 National Security Complex.
Tennessee House Bill 809, enacted into law in Public Chapter 377, Acts of 2003 and codified under Title 67, Chapter 5, states that wind energy systems operated by public utilities, businesses or industrial facilities shall not be taxed at more than one-third of their total installed cost. This law applies to the initial appraisal and subsequent appraisals of wind energy systems, based on a reduced generation capacity of 2/3 due to intermittent production.
OAK RIDGE, Tenn. – EM is refining the picture of uncontaminated areas within the 33,500-acre Oak Ridge Reservation through a review of historic documents and extensive sampling, analysis and characterization.
Middle Tennessee Electric Membership Corporation (MTEMC) and the Tennessee Valley Authority (TVA) offer incentives for residential customers through the In-Home Energy Evaluation Program. This program provides in-home energy assessments and recommendations based upon the assessment findings. Rebates will be available to participating customers based upon recommendations provided by an MTEMC/TVA-certified evaluator. Incentives are available for windows, duct repairs, HVAC improvements, building insulation, air sealing, and equipment tune-ups.
Murfreesboro Electric Department, in collaboration with the Tennessee Valley Authority, offers incentives to home builders and homeowners for the construction of energy efficient homes through the Energy Right New Home Program. In general, qualifying homes are equipped with features such as a high-efficiency electric heat pump (instead of a central furnace and air-conditioning system); effective insulation, extra caulking, plenty of weather-stripping, double-pane windows; and an electric water heater. Incentive amounts are based on the exact home energy rating of the home.
Memphis Light, Gas and Water (MLGW), in partnership with the Tennessee Valley Authority (TVA), offers a variety of energy efficient incentives to non-residential customers. The program provides rebates on a range of energy efficient equipment and measures for commercial and smaller industrial customers. Eligible customers include commercial customers on General Power Rate schedules and any customer on the Manufacturing Service Rate schedules with an effective demand of 5,000 kW or less.
Gibson Electric Membership Corporation, in collaboration with the Tennessee Valley Authority, promotes energy efficient building design through its [http://www.energyright.com/ ''energy right''] New Homes Program. Rebates for energy efficient homes and water heaters are available through this program. Gibson EMC can help residents during the design-phase by suggesting energy efficient measures which will increase a home's efficiency. Gibson EMC will pay incentives to customers whose homes meet the program standards.
Gibson Electric Membership Corporation provides loans to its residential customers to finance new, energy efficient water heaters. The loans are interest-free and can be paid off in as many as 3 years. To participate, customers can visit one of the dealers listed on the web site and pick out a qualified electric water heater. The dealer will send the bill to Gibson EMC. Gibson EMC then pays the dealer and sets up interest-free financing for 36 months on the customer's electric bill.
The state of Tennessee offers a special ad valorem property tax assessment for certified green energy production facilities. The Department of Environment and Conservation defines and certifies facilities based upon production of electricity for use and consumption off the premises using clean energy technology, which is defined as technology used to generate energy from geothermal, hydrogen, solar, and wind sources.
Tennessee provides tax credits to industries in the green energy supply chain that invest more than $250 million into the state. The Department of Revenue, Department of Economic and Community Development as well as the Department of Environment and Conservation are authorized to certify “green energy supply chain manufacturers” as eligible for the Green Energy Tax Credit. The $1.5 million maximum credit is applied to a company's Franchise and Excise Tax liability.