Incentives for Electric Technologies
Incentives for Electric Technologies
TVA’s EnergyRight® Solutions and your local power company have incentives and programs to help your company be more profitable and productive in the Tennessee Valley. Companies can receive incentives on the following:
Potential Incentives
- Install new electrical equipment (irrigation, aeration, fans) – up to $0.10/kWh
- Convert Diesel to electric – up to $0.10/kWh
- New commercial construction –up to $2.00/sq ft.
- Revitalize empty facility – up to$2.00/sq. ft.
- Electric food service equipment – up to $6,000/unit
- Purchase electric forklift – $2,000/forklift /
- Lease electric forklift – $1,000/forklift
- Dual fuel HP, VRF, other - up to$210/ton
- Add conditioning to space –$175/ton
- Add electric process – up to $0.10/kWh
Examples include induction melting and treating, infrared curing and drying, electric resistance process heating, and ultraviolet curing - Add new production – up to $0.10/kWh
- Additional compressed air load – up to $0.10/kWh