Tampa Electric customers claim more than $1 million in solar rebates in minutes
Rebate dollars still available for solar water heaters for residential customers
TAMPA, October 1, 2013
Within minutes today, Tampa Electric customers claimed the more than $1 million in rebates to help fund the installation of new solar photovoltaic (PV) systems at homes and businesses in 2014.
The company began accepting reservations online at tampaelectric.com/solarrebates at 10 a.m. today.
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).
“Since April 2011, Tampa Electric has offered a total of $3 million for the installation of solar PV systems across our service area,” said Shelly Aubuchon, program manager for Tampa Electric’s Renewable Energy programs. “As the cost of solar technology continues to decrease, customers are finding that the rebate dollars from Tampa Electric are paying for a larger portion of their overall costs to install solar panels.”
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 fourth rebate offer as part of the company’s renewable energy systems pilot program.
Customers also can earn a retail credit for excess electricity generated by their PV systems. To date, the company has more than 400 customers with PV arrays interconnected with Tampa Electric’s grid through net metering, resulting in a combined capacity of almost 5 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 687,000 customers in West Central Florida. TECO Energy’s other major subsidiary, TECO Coal, owns and operates coal-production facilities in Kentucky and Virginia.