LightWave Solar and BB&T will host two Commercial Solar Lunch and Learn events to explain the financial incentives for commercial solar installations, including the 30% Investment Tax Credit, MACRS Accelerated Depreciation and TVA’s solar incentive program. Presentation will also include an overview of an attractive financing option through BB&T. Join us on either date to learn how solar investments make sense for businesses!
Congratulations to John Robinson, Matt Pelerossi and Daniel Hodge for earning their NABCEP PV Certifications!
Matt and Daniel earned the PV Installation Certification, and John earned the PV Technical Sales Certification. LightWave Solar now employs 11 full NABCEP certificate holders, more than any solar company in Tennessee.
NABCEP (North American Board of Certified Energy Practitioners) is the gold standard for third-party solar certification, and full certification means passing a rigorous exam and meeting quality training and experience requirements. We already knew John, Matt and Daniel were great assets to LightWave Solar, but now potential customers, colleagues and other solar professionals will know too.
Click here to learn more about NABCEP Certification.
The graph below shows the amount of solar installed in TVA’s residential and small commercial solar program, Green Power Providers, since 2009. You can see that solar installs have been falling since 2012 and only 1.5 MW of solar was installed in the first half of this year!
Solar installations sky rocketed in 2011, and TVA began cutting back the program. The market withstood the drops in the incentive payments since solar costs were falling significantly as well. However, system size limits and program caps have resulted in a program that undercuts the solar market.
Long story short: The demand for solar is higher than TVA’s 10 MW cap, and the extremely low cap has nearly killed the region’s solar industry. Though capacity is set at 10 MW, it is highly unlikely that 10 MW will actually be built in 2014 due to TVA’s approval process. We estimate 5-6 MW of solar will be installed in 2014.
As solar continues to grow nationally, as peer utilities set much bigger solar goals, and with solar prices at their lowest, TVA should double or triple solar program capacity, or get rid of the stifling cap altogether. If you would like to help, you can email the TVA board members at firstname.lastname@example.org. Feel free to include the graph above and let them know you would like to see more solar installed in the Valley.
LightWave Solar will present a Commercial Solar Seminar to explain the financial incentives for commercial solar installations, including the 30% Investment Tax Credit, MACRS Accelerated Depreciation, and USDA’s 25% Rural Energy for America Program grant. Join us to learn how solar investments make sense for businesses and agricultural producers. Presentation and lunch will be held at the solar-powered Permobil Headquarters in Lebanon.
Commercial Solar Seminar and Lunch Friday, August 29 from 11:30 a.m.- 1 p.m. Permobil Inc. 300 Duke Drive Lebanon, TN 37090
Experienced engineering, procurement and construction (EPC) firm LightWave Solar continues to help lead Middle Tennessee towards a cleaner future with the installation of two new solar photovoltaic (PV) parking canopies at City Square Shopping Center in Hendersonville, located about 20 miles north of Nashville. The highly visible solar canopies are designed to power the shopping center’s 10 electric vehicle (EV) charging stations. At 47.5 kilowatts, the solar parking system will be the largest in Tennessee. Construction began this month.
“The solar canopies will demonstrate their inherent benefits including shade, shelter, and clean, renewable electricity for EVs and the local power grid,” says City Square Shopping Center owner, Greg Smith, who has as many or more public EV charging stations than any site in Tennessee. “When our shoppers’ and tenants’ EVs are powered by solar, they will have an even smaller carbon and pollutant footprint since the fuel used to charge the vehicles will be sunlight.”
LightWave Solar will host a Solar Workshop for Homeowners on Saturday, August 16th at the Green Village Sustainability Center in Hendersonville. The workshop will explain the process of installing solar at your home. We will cover the basics: How solar works, solar equipment and costs, roof and shade requirements, and an overview of available tax and utility incentives.
Solar Workshop for Homeowners
Saturday, August 16th 10am-12pm
Green Village Sustainability Center
173 Center Point Road S.
Hendersonville, TN 37075
The event is free and open to the public. Light refreshments will be provided. Please register here or call 615-641-4050 x104.