TVA program surpasses goal
Published: November 23,2009
NORTH MISSISSIPPI — Tennessee Valley Authority (TVA) programs to improve energy efficiency and reduce peak demand on the power system exceeded the 2009 goals, saving Tennessee Valley homes and businesses energy and money and reducing the need for TVA to use more costly power resources, according to the utility.
In a report to the TVA board Nov. 19, TVA executive vice president of customer resources Ken Breeden said TVA reduced its summer peak power demand by 208 megawatts in 2009, surpassing its goal of 189 megawatts.
“In 2007, the TVA Board set a goal for us to achieve 1,400 megawatts of peak demand reduction by the end of 2012,” Breeden said. “Exceeding our goal this year keeps us on target to meet the overall goal, even with a slowed economy.”
More than half of the reduction in power demand that was achieved this year resulted from a limited test program that pays participating commercial and industrial facilities to reduce the amount of power they are using at specific times. Equipment is installed at participating facilities that is able to remotely monitor the facilities’ actual performance when called upon by TVA to reduce their energy load.
About 230 facilities are participating in this program across the Valley with a possible reduction of 122 megawatts during peak periods when power usage is high and additional power supplies may be limited or highly priced.
In other programs to reduce power demand, more than 40,000 Valley consumers participated in TVA’s Home Energy e-Valuation program in 2009. Participating consumers completed an online or mail-in evaluation of their homes’ energy usage and received free do-it-yourself home energy audit kits by mail. The kits are designed to help consumers get started with energy-efficient improvements.
In June, TVA and local power companies began two new market tests for residential customers and for businesses offering comprehensive energy assessments and financing options for qualifying projects.
The In-Home Energy Evaluation for residential customers was tested in 24 markets in 2009, and that will increase to 74 markets in 2010, Breeden told the board.
The Efficiency Advice and Incentives program for businesses is currently available in the Nashville and North Mississippi markets and will be expanded to additional markets by January 2010. TVA and distributors throughout the Valley also offer a Major Industrial Program for larger industries, which provides incentive payments to industries that undergo energy assessments and implement energy-saving measures.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi no longer has highest unemployment rate in nation
- McDaniel cites Gunn's challenge in his attempt to overturn loss to Cochran
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- Once the bane of only Southerners, kudzu is migrating north and west
- UPDATE — David Watkins says JRA left him in dark about HUD's Farish St. involvement
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- SouthGroup Insurance named to 'Best Practices' study
- Senators push for protecting steel producers from imported rebar