It’s cool to save with our thermal ice storage incentive.
Thermal ice storage incentives from TVA EnergyRight® and your local power company are available at $9.00 per ton hour for partial storage and $11.00 per ton hour for full storage projects.
Shift electric cooling operations to off-peak hours.
Thermal ice storage systems store chilled water or ice to cool your building during peak hours. Our thermal ice storage incentive helps businesses shift electric cooling operations to off-peak hours so you save money and reduce peak demand use.
Benefits of thermal ice storage systems
Improve energy efficiency.
Achieve your environmental, social and governance (ESG) goals.
Reduce energy costs.
Control seasonal spikes in energy use
Highly compatible with Demand Response.
Reduce carbon emissions.
Thermal ice storage incentive requirements
For most businesses, cooling is a top energy expense, accounting for 40% of peak demand on hot days. Incorporating a thermal ice storage system during your project design phase, and choosing HVAC equipment that is right-sized for your facility, may allow you to reduce the nominal/installed chiller capacity as well as save on pumps, motors, fans and ductwork in conventional systems.
All projects require preapproval.
DO NOT purchase, remove or install any equipment until all preapproval requirements are completed and a formal Application Approval Notice has been received via email.
Detailed calculations are required.
Subject to funding availability. Additional rules may apply.
How to calculate your incentive.
Determine your total incentive rate using the (1,000 ton example) chart below. If you have questions about estimating your thermal ice storage needs, contact the operations center at 866-233-0450 for more information.
| Design Strategy | Ton Hours | Incentive Rate ($/ton/hours) | Incentive Offer |
|---|---|---|---|
Partial Storage | 3,300 | $9.00 | $29,700 |
Full Storage | 5,000 | $11.00 | $55,000 |
Let’s get started.
To learn more about how to apply for the thermal ice storage incentive or any of our incentive offerings, check out our incentive application guide.
Apply through the Preferred Partners Network (PPN).
Applications for TVA EnergyRight incentives must be submitted through a contractor member of our Preferred Partners Network for approval before any incentive-based work begins.
If your contractor is not part of our network please call (866) 233-0450 or email TVABusinessIncentive@tva.gov and we can assist you.
Select a PPN member.
Find a contractor to complete your project. Our Preferred Partners Network has the trusted contractor for your project needs!
Define your scope of work.
Not sure yet what you need? PPN members can help you define your project.
Sign incentive application.
Your PPN member will submit your application to TVA EnergyRight after you provide an electronic signature.
Work can begin following project approval. Please don’t remove or install equipment until your project is approved and you have received your Application Approval Notice via email.
Start by finding a TVA-vetted contractor
Find a contractor from our Preferred Partners Network.
Not ready to start a project but want to stay up to date?
Still have questions?
Our team is ready to answer your questions so you can start saving. Call (866) 233-0450 or email TVABusinessIncentive@tva.gov.
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