Customers claim $1 million in Tampa Electric rebates to install photovoltaic systems
Rebate dollars still available for solar water heaters for residential customers
TAMPA, October 3, 2011
Tampa Electric today announced that within minutes, customers claimed the maximum $1 million in rebates the company made available to help fund the installation of new photovoltaic (PV) systems at homes and businesses in 2012.
Solar water heater rebates are still available on a first-come, first-served basis to residential customers planning to install new solar water heater equipment (up to $1,000 per installation).
“Tampa Electric is excited to expand our commitment to help our customers install solar arrays at homes and businesses,” said Shelly Aubuchon, program manager for the company’s Renewable Energy programs. “The overwhelming response to the company’s second offering of rebates shows that customers increasingly share our belief in the viability and value of solar power for themselves as well as the community overall.”
Tampa Electric has committed to spend more than $1.5 million a year to assist customers interested in installing new solar PV and solar water heater systems. This is the second rebate offer as part of the five-year program. The company began accepting reservations online at tampaelectric.com/solarrebates at 8 a.m. today.
Customers can also earn a retail credit for excess electricity generated by their PV systems. To date, the company has 175 customers with PV arrays interconnected with Tampa Electric’s grid through net metering, resulting in a combined capacity of almost 2 megawatts. More about customer-installed systems and net metering is available on the company’s website at tampaelectric.com/renewable.
Tampa Electric Company is the principal subsidiary of TECO Energy Inc. (NYSE: TE), an energy-related holding company with regulated utility operations in Florida, including both Tampa Electric and Peoples Gas System . Tampa Electric serves more than 672,000 customers in West Central Florida. Other subsidiaries include TECO Coal, which owns and operates coal production facilities in Kentucky and Virginia, and TECO Guatemala, which is engaged in electric power generation and energy-related businesses in Guatemala.