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Community solar offering nearly sold out

 

May 7, 2019; JOHNSON CITY — BrightRidge, the Tennessee Valley Authority and Silicon Ranch “Flipped the Switch” on the Tri-Cities’ first solar farm on Tuesday, formally inaugurating production from a 5-megawatt solar farm near Telford.

BrightRidge officials also announced that 87 percent of its community solar production has already been allocated to subscribing commercial and residential customers. BrightRidge offers customers a monthly or long-term lease.

“This was not a hard sell at all,” BrightRidge CEO Jeff Dykes said. “Without an official marketing push, both commercial and residential customers jumped on this opportunity. It demonstrates real demand in our marketplace for a clean energy product that avoids the high cost of private commercial and residential solar installations.”

Under the BrightRidge Solar Community program, 500 kW was set aside for commercial and residential customers. Currently, only 65 kW in capacity is left to purchase under the program.

Silicon Ranch, which built the 40-acre solar farm, generates up to 8 million kilowatt-hours of electricity annually, with zero carbon emissions and zero water consumption. This is enough capacity to power more than 500 homes.

 “The success of this community solar project demonstrates that BrightRidge represents the best of public power,” Silicon Ranch Co-Founder and CEO Matt Kisber said. “BrightRidge Directors and staff deserve enormous credit for listening to those they serve and establishing the right partnerships to deliver what customers want and need. Silicon Ranch is honored to be part of the BrightRidge team.” 

The entire project was developed in partnership with TVA under its Distributed Solar Solutions program. 

“Partnership projects like the BrightRidge solar farm align to the mission of TVA,” said Chris Hansen, director, TVA Origination and Renewables. “Community solar combines energy and environmental stewardship to provide access to customers and businesses who support clean energy.”

BrightRidge, TVA and Silicon Ranch all agreed on the importance of readily available solar energy to power future economic development efforts.

“Clean energy is increasingly a factor in economic development, and equally important to many of our customers,” Dykes said. “Whether electric, broadband, solar or future products, we aim to deliver affordable, innovative products that offer value for all of our customers.”

The solar facility, owned by Silicon Ranch and constructed by McCarthy Building Companies, deploys 41,760 solar panel modules manufactured by First Solar. These modules are mounted on 2,262 single-axis piles guided by 174 trackers. 

BrightRidge maintains a meter on its website at https://www.brightridge.com/home-service/programs-services/green-power/solar/ which shows daily production. For more information on the BrightRidge Community Solar offering, please visit www.BrightRidge.com or phone 423-952-5000 and select electric from the menu.

About BrightRidge

BrightRidge is the 10th largest public power provider in the Tennessee Valley Authority system, and serves more than 78,000 customers in Washington, Sullivan, Carter and Greene counties. Through its Broadband division, BrightRidge is also the region’s only provider of high-speed 10 Gb internet connectivity offered over dedicated fiber optic infrastructure

About Silicon Ranch Corporation

Silicon Ranch is the U.S. solar platform for Shell and one of the largest independent solar power producers in the country. Silicon Ranch develops to own all its projects for the long-term, a distinction that means the company is deeply committed to its partners and communities and stands behind the performance of its facilities day in and day out. The company’s operating portfolio includes more than 120 facilities across 14 states from New York to California, including the first large-scale solar projects in Tennessee, Georgia, Mississippi and Arkansas. To learn more, visit siliconranch.com and by following the company on FacebookTwitter, and LinkedIn.

Media Contacts

Brightridge
Tim Whaley
423-817-0699
TWhaley@BrightRidge.com

TVA
Scott Fiedler
423-751-7883
safiedler@tva.gov

Silicon Ranch Corporation
Matt Beasley
615-577-4616
matt.beasley@siliconranch.com