Archive for March 14, 2012

200 Kilowatt Solar Power System under the TVA Green Power Switch Partners Program in Calhoun GA

Renewvia Energy Corporation, a provider of solar power systems, announced today it closed an investment fund to finance the installation of a 200 Kilowatt (kW) solar power system in Georgia under the Tennessee Valley Authority (TVA) Green Power Switch Partners Program, a plan which promotes production of electricity from renewable sources.
Under a 10 year site lease, the solar power system will be hosted in Calhoun, Ga. on a multi-generational poultry farm. After 10 years, ownership will be conveyed to the poultry operation. The TVA, a federally owned corporation in the United States that provides electricity generation, among other things, in the Tennessee Valley, will guarantee the purchase of all solar power produced there for 10 years at $0.12 per kilowatt per hour at premium indexed to the local retail power rate.

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Tennessee Technology Center at Crossville have completed the 2015 Energy Star Concept Home

CROSSVILLE — Students in the building construction technology program at Tennessee Technology Center at Crossville have completed the 2015 Energy Star Concept Home and are ready to show their work to the community. A dedication is set for noon Friday, followed by an open house during the weekend, coinciding with the annual Home Builders Association of Cumberland County Home Show.
“We know this is the first net-zero home in the county,” said Steve Lane, instructor. “It may be the first in the state.”

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Solar tax issues facing new debate in Tennesse

A fight is heating up in the Tennessee Legislature that has green energy companies decrying what they consider a major tax increase as Republicans look to eliminate an incentive for solar and other renewable power.
Senate Bill 3296/House Bill 3520 would get rid of a provision allowing for solar and other green energy installations to have their taxation based on a small percentage of their salvage value. The provision — pushed originally by the administration of former Gov. Phil Bredesen — means there’s nearly no taxation, part of an effort to subsidize renewable energy in Tennessee.

Republicans pushing to eliminate the tax arrangement dispute the idea that it will amount to a new tax. Sen. Randy McNally, who chairs the Senate Finance Ways and Means Committee and is among those pushing the legislation, said the state believes very few businesses will be affected. “I don’t think there’s a lot of people that meet that standard,” he said.
Proponents of the new legislation say taxpayers are supposed to apply for a little-used state green certification. With little use, McNally said, the legislation amounts to a closure of a tax loophole that makes the system more fair to industry overall.

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