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Savings from Solar
Reduced fuel costs so far in 2024
$58
(million)

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Savings from Solar
Reduced fuel costs so far in 2024
We are continuing to expand our solar capacity each year. Since 2017, our solar projects have saved customers hundreds of millions of dollars in fuel costs.
Savings for You
Reduced fuel costs since 2017
$321
(million)

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Savings for You
Reduced fuel costs since 2017
Investments in solar power enables fuel savings for customers and continues our commitment toward a cleaner energy future.
Our Solar Investments
The equivalent of:
260,000
homes powered by solar in 2026

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Our Solar Investments
The equivalent of:
Today, about 14 percent of our energy capacity comes from the sun, enough to power the equivalent of more than 200,000 homes. By the end of 2026, we’ll have enough solar energy to power the equivalent of 260,000 homes.

A lot of Sun, a lot of Savings.

We’re harnessing the sun’s energy and investing in solar projects to contribute to a reliable energy future, reducing our use of fuel to generate electricity and lowering fuel costs for customers. While the price of other fuel sources to generate power can cause bills to fluctuate, solar power is reliable and consistent, and the cost is predictable. Learn more about how the cost of fuel impacts customers' bills.

From the 27 solar power plants we operate today, we’re expanding to have the capacity to power 260,000 homes by the end of 2026. That will equate to even more savings for our customers.

Tampa Electric’s investment in solar energy helps to:

  • Save fuel costs directly lowering fuel costs on customers' bills.
  • Conserve water. By repurposing former agricultural land for solar investments, Tampa Electric has saved more than 8.4 billion gallons of water in an area of the state with critical concerns about water use.
  • Fuel savings for customers will continue to increase as we bring new solar projects online. You deserve an energy future that keeps affordability at the forefront.

Solar Savings FAQ

A. We are focused on keeping energy bills affordable, and rapidly increasing solar power generation would be expensive and cause bills to climb. There is also an issue of space. The land required to generate enough solar power for our service areas would be significant, in a time when land has peaked in value in the state of FL. It is not feasible to transition fully to solar power. Energy storage technologies would be required to store energy during the day for nighttime use. That being said, we are investing in various battery and energy storage technologies to make solar power generation go further.

A. Natural gas produces about half the amount of carbon as coal during the production of electricity, so it is better for the environment. Our investments in renewable generation, such as solar power, enable fuel savings for customers.

Tampa Electric is continuing to expand our solar capacity each year. Fuel savings for customers will continue to increase as we bring new solar projects online.

A. We currently have enough solar energy to power the equivalent of 223,000 homes. By 2027, about 18 percent of our energy will come from the sun.

How solar energy saves money for our customers.

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