Greeneville Energy Authority Finalizes Agreement for 140 MW Carroll County Solar Power, Anticipating Over $1 Million Annual Savings
The Greeneville Energy Authority (GEA) Board has unanimously approved an agreement with the Tennessee Valley Authority (TVA) and Silicon Ranch to procure solar power from a new 140-megawatt farm in Carroll County. GEA will utilize 3.4 megawatts of the Carroll County project's output, supplementing existing and under-construction solar sites in Greene County, which collectively aim to significantly reduce power purchasing costs. The innovative power purchasing agreement allows GEA to receive credits on its TVA bill, with officials projecting annual savings of $150,000-$180,000 from the Carroll County site alone, potentially exceeding $1 million annually across all solar assets. This strategic move follows tightened solar farm regulations in Greene County and underscores GEA's commitment to cost-effective renewable energy integration, with the Carroll County facility targeting completion by 2029.