Displaying items by tag: greenpower

Last year, Knoxville Utilities Board committed to supplying 20 percent of its electricity through solar generation by 2023, through Tennessee Valley Authority’s (TVA) Green Invest program. By 2023, KUB will provide 502 megawatts annually of new-to-the-grid solar power to its customers. This represents the equivalent of enough energy to power 83,000 homes. The $1.63 million cost will be paid by a credit provided by TVA as part of its 20-year partnership agreement with KUB.

The announcement was celebrated by solar energy advocates, including the Tennessee Solar Energy Industries Association, but some environmental watchdogs maintain there are issues with the contracts that local power companies had to enter into with TVA to participate in Green Invest.