ECONOMIC DEVELOPMENT INCENTIVE
In partnership, The Tennessee Valley Authority and Dickson Electric Service offer a unique range of incentives designed to encourage economic growth in the Dickson Electric service area. The incentives will benefit your project from start-up to help ensure its long-term success. Both economic and power system metrics will be used to evaluate your project’s value to the area. These metrics will determine the funding levels available for your project.
– Performance based on an economic and energy criteria
– 5-year program for new or expanded operations
– About 8-12% annual savings credited to monthly power bill
– If a company is considering a new facility or expansion located in either Dickson County or outside of the TVA footprint, then the project (or new plant) could qualify for the Performance Grant
– Award based on project’s 5-year economic impact
– Loan to bridge gap in funding at potential lower interest rate
– Loan available if expanding jobs within the Dickson Electric service area
– Maximum loan $3 million
– Term 5 years to 20 years
FOR MORE INFORMATION click here.
Engineering service offered by experts at a fee at or below market value and may be FREE!
Contact Dickson Electric at (615) 441-6301 to discuss the following services which may prevent down time or even avoid a disaster! DES offers services that can save you money and increase your profit margin by saving energy:
– HVAC evaluation/consulting
– Lighting Studies
– Studies of wiring and electric distribution equipment
– Ultrasonic testing to identify compress air leaks
– Infrared scans
Power Quality Analysis
Energy Use of Building and Equipment
BUSINESS AND INDUSTRIAL EDUCATIONAL OPPORTUNITIES
Get tips and advice in reducing your energy use
Find available incentives and TVA-vetted contractors to help make your energy improvements
Track and assess energy and water consumption
View billing history
Get started by setting up your free MEA profile today.
Successfully developing your people takes more than just an occasional training session. It takes a strategy. A thoughtfully designed workforce development strategy can reduce employee turnover; increase productivity; enhance your ability to leverage new technologies; improve customer service and lower costs. The right workforce development strategy can also improve safety and increase the potential of business expansion. Click here for more information or to find out how to get started.
– Low cost training, consulting services and education
– Offering solutions to grow, succeed, and improve profitability
– Click here to learn more: http://www.cis.tennessee.edu/manufacturing-excellence/contact-solutions-consultant.
Detailed Programs Available through UTCIS:
Business Energy Advisor (BEA) Portal:
Free industry-specific energy information for Dickson Electric System’s business and industry customers.
– Energy information for every industry imaginable
– Fills the gap for businesses who don’t have an energy manager on staff
– Energy calculators
– Energy advice on buildings, equipment, and processes
– Maintenance advice for equipment optimal performance
– Click here for entry into BEA portal: https://tva.bizenergyadvisor.com/
RATES AND FREQUENTLY ASKED QUESTIONS (FAQs)
Right size the most beneficial rate based on your electric needs.
There are several different rate structures, and Dickson Electric strives to right size your rate based on your business electric needs. The General Power Rate Schedule (GSA) applies to the firm power requirements (where a customer’s contact demand is 5,000 kw or less) for electric service to commercial, industrial, and government customers, and to institutional customers including, without limitation, churches, clubs, fraternities, orphanages, nursing homes, rooming/boarding houses, and similar customers. This rate shall apply to customers whose service is not available under any other resale rate schedule. All rates are evaluated on the previous 12 months kw demand and kw used.
GSA 1: Generally for small businesses and all non-residential buildings such as barns, workshops, and garages with demand <50 kw and <15,000 kwh. Charges are composed of an energy charge and customer charge.
GSA 2: Customers with electric needs that exceed 50 kw demand but does not exceed 1,000 kw demand, or if the customer’s billing demand is less than 50 kw but the energy exceeds the GSA 1 energy of 15,000. Charges are composed of a demand charge and a customer charge.
GSA 3: Customers with demand (contact demand or the highest billing demand during the last 12-month period) that exceeds 1,000 kw but less than 5,000 kw. If the customer using this rate has a qualifying SIC code (generally manufacturing will qualify SIC code 2000-3999) and a signed agreement, they will be qualified to participate in the General Manufacturing Credit (GMC). If the meter demand does not meet or exceed 1,000 kw, the credit will not be given for that month, but will be given any month the customer meets the required 1,000 kw demand. Charges consist of a demand charge, energy charge, and a customer charge. The GMC will appear on the power bill as a credit if all the terms of the GMC agreement are met.
General Manufacturers Credit (GMC)
The General Manufacturing Credit (GMC) offers significant power cost savings to qualifying manufacturers, which in turn helps retain manufacturing load in the Tennessee Valley. A strong manufacturing base helps keep rates low for all consumers. For each month* in which an eligible customer (power rate GSA 3 and a sign GMC contract), has a metered demand that exceeds 1,000 kW** a credit is applied to each kW of metered demand used in determining the firm billing demand and each kWh of firm energy. Click here for more information on General Manufacturers Credit.
Customers with demand exceeding 5,000 kw should contact Dickson Electric to discuss a large power rates contract.
To view Power Rates, visit this link: www.dicksonelectric.com/power-rates/
Frequently Asked Questions (FAQs)
Here are a couple of FAQs. To ask a question, click here.
What is a demand charge?
In order to anticipate the amount of energy that is needed to meet the needs of our customers, DES uses the total of all customers based on the highest amount of power used in a 15 minute interval during the month. The demand charge is based on the maximum amount of power during the highest 15 minute interval that a customer uses within the month. The demand charge is calculated based on the kw used during the highest monthly interval multiplied by the demand amount.
What is the customer charge?
The customer charge is a fixed monthly charge for the basic fee for your electric service. It does not fluctuate with usage and does not include any consumption. The customer charge is a fee that is used to cover DES’s costs to maintain the DES electric grid and for administration cost associated with activities to maintain the customer’s account.
SERVICE APPLICATION AND DEPOSIT POLICIES
To apply for electrical service for business, click here to complete an application.
Please note: Dickson Electric Service requires a deposit on all electrical service accounts for the full term of service, and we will advise Customer of deposit amount to be provided for each account prior to activating electric service.
Click here to download and view DES Deposit Policies and approved payment options.