Available Industrial Sites
Commercial / Retail Sites
TVA Enhanced Growth Credit Program The Enhanced Growth Credit Program can play a vital role in the planning of new and expanding businesses, particularly for those operations in which electrical power is a major component in the cost of the final product. A business qualifies if it belongs to one of the following SIC codes or meets the All Electric criteria and meets minimum kilowatt demand requirements.SIC Codes • Mining: 10-14 • Manufacturing: 20-39 • Bulk transportation: 40, 42, 44 and 45 All Electric • All Electric HVAC system, and • At least 50% of the interior floor space heated or cooled by the HVAC, and • At least 50% of the electric load is for the interior lighting, cooking and the HVAC systemMinimum added load requirements • SIC qualifies 100 kW • All electric qualifiers 50 kWCustomers may choose one of the following options for receiving credits: • Eight-year declining option • The monthly credit for the first 12-consecutive-month period will be $6 per kW. The credit is applied in any month in which power usage reaches the minimum added kW requirements. • To the monthly credit for a four-year period, beginning with the date the first credit is received, is equal to $6 kW. The credit is applied in any month in which power usage reaches the minimum added kW requirements. Distributors may choose to offer only one or both of the above credit options.
VPI offers several competitively priced options to SIC-qualified customers with loads of at least 5 megawatts. VPI prices are generally low because they follow TVA's hourly power supply cost of producing electricity and because VPI has an interruptible feature. If TVA does not have enough power available or cannot purchase enough power to meet the region's expected needs, VPI sales are interrupted. VPI offers two separate programs for customers: Zero Market Days VPI is a program for customers who cannot easily reduce load during peak periods when prices are high. Market DAYSVPI is a program in which market prices for electricity replace cost-based pricing during 12 days of the year. Customers that can dramatically reduce load during market pricing periods have an opportunity for significant overall cost savings. VPI is priced at TVA's hourly power supply cost of serving the top 1,000 MW plus a markup, except during market pricing periods under Market Days VPI. The ammount of markup varies with the type of VPI the customer selects. TVA costs can change each hour of the day, and industrial customers can make hourly decisions about how much VPI they want to buy at the available price. The options differ by price and the way that power interruptions are handled: VPI A may be interrupted upon five minutes' notice. A customer can contract for no more than 50 percent of total power requirements under VPI A. VPI B may be interrupted on five minutes' notice. A customer can contract for 100 percent of their power requirements as VPI B. VPI C is also available for up to 100 percent of a customer's power requirements but is interrupted on 60 minutes' notice. In addition to the markups for each VPI option, there is a 5.3 percent charge for payments in lieu of taxes. *In addition to the markups, all options include the following: additional 5.3 percent charge for payment in lieu of taxes, a $1.21 kW charge, and a $1,075 per month communication access/administration charge.