Everything you need to know about incentives for your business.

Business & Industry / Incentives / Applying for incentives

We want to help you make the smartest energy decisions that will drive growth, lower your carbon footprint, enhance your business and boost your bottom line.

Getting started in 3 easy steps!

For any questions or advice along the way, call our energy advisors at (866) 233-0450 or send an email [email protected].

 

Tips to keep in mind when applying for incentives

  • Commercial and industrial Local Power Company customers and TVA direct-served customers may be eligible to apply for incentives.
  • All incentives are subject to TVA’s and your Local Power Company’s approval and available funding.
  • Project incentive can’t exceed 40% of the available remaining program funds.
  • Applications must meet the minimum incentive requirements of $150 per application.
  • There is a program cap. In an effort to ensure equal opportunity for program participation, all EnergyRight Business & Industry project incentives are capped at $100,000 per corporation for each TVA fiscal year (October 1 – September 30).
  • Incentives are capped at 70% of project cost which includes the full investment needed to complete the project (i.e., all labor, engineering, and demo costs).
  • For projects with estimated incentives greater than $50,000, TVA will work with you to determine an incentive offer that ensures consistent funding is available for all projects of all sizes.
  • To provide the best consumer experience, TVA created the PPN-only requirement for the EnergyRight Business & Industry Program. All standard project submissions must go through a trained PPN member to receive an incentive. This approach increases program efficiency, improves lines of communication, promotes brand management and strengthens relationships with PPN members.
  • For select measures (i.e. Indoor Agriculture), customers have the opportunity to access incentives directly without requiring a PPN or customers may choose to utilize a PPN member for their project.
  • All projects, with the exception of select Standard HVAC equipment, require pre-approval. DO NOT purchase, remove or install any equipment until all pre-approval requirements are completed and you have received your Application Approval Notice via email.
  • Equipment purchased after pre-approval completions must meet the minimum efficiency requirements listed for each measure, if specified.
  • Completion of pre- and post-installation inspections may be required. Incentives are determined after pre-inspection and communicated in the Application Approval Notice.
  • Maximum installation period is 365 days after the formal Application Approval communication has been received via email.
  • Incentive checks are replaced with bill credits from your Local Power Company when project incentive amounts are greater than $12,000.
  • All projects must comply with all applicable federal, state, and local laws. TVA will not provide any incentive payments for any projects or facilities in violation of any applicable laws, including but not limited to, the cultivation of marijuana. TVA disclaims all liability for applicant’s violation of any applicable laws or any injury to persons or property or other damages of any nature whatsoever resulting from applicant’s actions in connection with this application.

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