Credits & Incentives
Enhanced Growth Credit
The Enhanced Growth Credit Program is available in coordination with TVA as an economic development incentive providing credits on power bills to qualifying companies that locate or expand in the JCPB service area. In today’s competitive environment, the program offers significant economic advantages.
A business qualifies if it belongs to one of the following SIC codes or meets the All Electric criteria and meets minimum kW demand requirements:
SIC Codes
Mining: 10 through 14
Manufacturing: 20 through 39
Bulk Transportation: 40, 42, 44, and 45
All Electric
All electric HVAC system, and
At least 50% of the interior floor space must be heated or cooled by the HVAC, and at least 50% of the electric load is for interior lighting, cooking, and the HVAC system
Minimum Added Load Requirements
New or expanding firm power demand
SIC qualifiers 100 kW
All Electric qualifiers 250 kW
5 Minute Response (5MR)
5 Minute Response (5MR) is an interruptible program available to both SIC and non-SIC customers who are able to curtail load within 5 minutes during periods of high electric demand. In exchange for interruption capabilities within a 5-minute notice, customers can receive a fixed credit towards their monthly demand charges. To qualify, commercial and industrial customers must have a minimum monthly electric demand load of 1,000kW at a single delivery point, demonstrate a minimum of 500kW Effective Interruptible Demand, and have an average load factor greater than 40%.
Small Manufacturing Credit
In coordination with TVA, JCPB offers the Small Manufacturing Credit to qualifying manufacturers. The purpose of this credit program is to avoid potential losses of manufacturing load to the TVA service area, which would threaten the ability to keep rates low for all consumers. The credit offers significant power cost savings to qualifying manufacturers, which in turn helps retain manufacturing load. Everyone benefits when there are manufacturing jobs available.
The credit is available under Part 3 of the GSA or TGSA schedules to manufacturing customers that meet the following requirements:
Contract demand greater than 1,000 kW but not more than 5,000 kW, and Meet the SIC code requirement for Manufacturing: (20 through 39).
Customers who meet the above criteria are automatically added to our list of qualified accounts to receive the Small Manufacturing Credit.
