TVA Generation Partners Program Ends Sept. 30

The popular Generation Partners program will end on Sept. 30,TVA which means TVA will not approve any new applications after this date.  LightWave Solar is encouraging all potential solar system owners to sign up under the existing program to lock in the 12 cent premium rate and avoid load requirements that will be implemented under the new Green Power Providers program. The target date for Green Power Providers is Oct. 1.  Green Power Provider applications signed in 2013 will likely receive a smaller premium from TVA.  Contact us for details.

Home Equity Lines of Credit for Solar Systems

SunTrust

LightWave Solar has partnered with SunTrust Bank to offer Home Equity Lines of Credit for solar PV systems.

With Generation Partners’ 12 cent premium, TVA’s $1,000 installation incentive and the 30% federal tax credit, monthly payments could equal electric bill offsets depending on system size, credit score and other factors.  This financing could significantly lower the out-of-pocket investment in solar.

Current variable rates are as low as 2.99% and fixed rates start at 6.49%.

Features include no closing costs if open for 3 years or more, loan approvals generally within one day, and minimum documentation requested.

Please contact us for details, and we will put you in touch with a SunTrust partner.

Solar PV Installations Increased 85% in Q1 2012 Over Q1 2011

US-Solar-Installations-Q1-2012

Growth in solar photovoltaics (PV) markets in the U.S. is maintaining its breakneck pace from 2011, according to the U.S. Solar Market Insight: Q1 2012, a report by GTM Research and the Solar Energy Industries Association (SEIA).

Led by strong growth in the commercial market segment, the U.S. installed a record of 506 megawatts (MW) over the first three months of this year, more than any other first quarter on record.

Furthermore, Tennessee ranked 5th in the US for Q1 2012 growth with about 9 MW installed.

This quarter’s activity brings the total amount of solar PV across America to 4,427 MW. In addition, concentrating solar power (CSP) facilities are providing 516 MW of electric power to the U.S. Together, solar electric capacity reached 4,943 MW in the U.S., enough to power 775,000 households.

“The U.S. solar industry continues to lead the U.S. out of difficult economic times,” said Rhone Resch, president and CEO of SEIA. “Installations have grown by 85 percent in the last year.  This growth is coming from consumers who are turning to solar to reduce their energy costs.  In states across the country, Americans are waking up to the realization that putting solar on your home or business is a better investment than the stock market.”

Overall, 2012 is shaping up to be another banner year for the U.S. solar market. Tomorrow’s U.S. Solar Market Insight report forecasts total 2012 annual solar PV installations to exceed 3,200 megawatts, 75 percent greater than last year’s total and 15 percent higher than previous annual forecasts for 2012.

To read the executive summary, please click here.

Steve Johnson’s Residence Featured in Home Power Magazine

Home Power Magazine LogoThe home of LightWave Solar owner Steve Johnson was featured in the latest issue of Home Power Magazine. Going to Zero, excerpted from Home Sweet Zero Energy Home by Barry Rehfeld, includes a spread of photos and statistics from Johnson’s solar powered home, car and barn. Click here to view the article. You can find the Johnson Residence feature on pages 56 and 57.

Where We’ll Be in August 2012

Energy Services Coalition Conference in Nashville Aug 23-24

LightWave Solar is exhibiting at ESC’s Market Transformation Conference this Thursday and Friday, August 23-24, at Loews Vanderbilt Hotel in Nashville. The Energy Services Coalition is hosting the event which will focus on Public Facility Retrofits through Energy Savings Performance Contracting.

Conference Topics

  • State and Local Public Facilities Retrofit Market – Scale, Trends, Opportunities
  • The Essential ESPC Programmatic Design Guide for States and Cities: Step-by-Step
  • Beyond the Building – How ESPC is Modernizing Infrastructure from Wastewater Treatment to Street Lights to Combined Heat and Power
  • Creative Financing – Deepening Retrofits and Accelerating Savings
  • Energy Retrofits and Modernization is Economic Development – How ESPC Delivers Jobs and Measuring Success

Lowe’s Vanderbilt Hotel
2100 West End Avenue
Nashville, TN 37203
Click here for event registration information.

SAME’s Professional Development Workshop for Sustainability on Aug 15

Join us for Nashville Post Society of American Military Engineers’ (SAME) Professional Development Workshop for Sustainability on Wednesday, August 15 from 7:30 a.m. to 7:30 p.m. at TSU Avon Williams Campus. LightWave Solar will have a booth among several other exhibitors. Details about the cost, registration and the agenda can be found below.

Wed Aug 15 from 7:30 am to 4:30 pm
TSU Avon Williams Campus
330 10th Avenue North, Nashville, TN (Downtown)
Directions here

Benefits: 6 PDHs and Networking with Influencers and Decision-Makers
Attendees: 150 Individuals (Architects, Engineers, Contractors, Agency Representatives)
15 Exhibitors and Unlimited Sponsors
Cost:
SAME Members: Pre-registration $125, day of the workshop $150
Non-Members: Pre-registration $150, day of the workshop $175
Register Now: Complete the registration form and Mail (with Payment) to:
Karla Miller, USACE, PO Box 1070, Nashville, TN 37202-1070
Or scan and email, along with credit card information to: Karla.A.Miller@usace.army.mil.
Registration Form: *Click Here for the 2012 PDW Registration Form*
Workshop Agenda: Workshop Agenda

Johnson City Solar Workshop on Aug 21

On Tuesday, August 21, join LightWave Solar in Johnson City for an informative solar workshop. Learn why 2012 is the best year to invest in solar. We will cover the types of solar energy packages, current and future incentives, and solar project highlights.

Tuesday, August 21 5:30-8pm
Nelsons Art Center
234 East Main Street
Johnson City, TN 37604

The workshop is free and open to the public! Sandwiches will be served. Please RSVP to Alexis in Johnson City at aclose@lightwavesolar.com or 423-737-0151.

Solar for Business Lunch & Learn in Memphis on Aug 9

LightWave Solar in Memphis is hosting a Solar for Business Lunch & Learn.  We will explain the financial benefits of adding solar to a business, including an overview of the available tax incentives and the current TVA Generation Partners program and its expected changes this year.

Thursday, August 9 from 12-1pm.  Lunch is included!
River Tower at South Bluffs Clubhouse
655 Riverside Drive
Memphis, TN 38103

The event is free and open to the public.  Please RSVP to Grace Robertson at grobertson@lightwavesolar.com or call 615-641-4050 x104.

Solar Tour and Energy Efficiency Workshop in Nashville on Aug 4

E3InnovateZhito home has solar PV and energy efficiency upgrades.  Come check it out!LightWave Solar and E3 Innovate will host an educational Solar Tour and Energy Efficiency Workshop. The event will include a tour of a solar PV system and an overview of effective efficiency measures that help make homes more comfortable, healthy and less expensive to heat and cool.

Saturday, August 4 from 9am-10:30am

At the Zhito Residence
1608 Graybar Lane
Nashville, TN 37215

Event is free and open to the public.  Please RSVP to Grace Robertson at grobertson@lightwavesolar.com or call 615-641-4050 x104.