Crossville, Inc. recently received energy efficiency incentives of more than $305,000 from the Tennessee Valley Authority (TVA) and Volunteer Energy Cooperative (VEC). The incentives are based on lighting and light sensor equipment installed at Plants 1, 2 and 4 and the CDC warehouse. The incentives are offered through TVA’s energy right® Solutions for Business program.
John Smith, president and CEO of Crossville, Inc., said that the incentives were useful to install energy efficiency improvements, but the greatest benefit will be realized as the monthly energy usage is reduced.
In order to take advantage of the incentives, Crossville, Inc.’s buildings first underwent an evaluation to determine the most cost-effective means to conserve energy. Incentives were based on the estimated savings that will be realized during the peak times of load for TVA after the improvements were installed.
Bobby Randolph, VEC’s Crossville service area manager, said that this program is a win-win for everyone involved.
“As TVA examines their rate structure, costs for consumers are likely to rise in relationship to usage at peak demand times,” he said, “Customers who install energy efficiency projects like these help to hold down costs for all VEC customers.”