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FLAT Rate Structure

Solar ROI for Tampa Electric (TECO) Customers

Tampa Electric (TECO) charges an average of $14.8¢/kWh. A 7 kW solar system produces a $12,112 NPV over 25 years.

$12,495
Net System Cost
$12,112
25-Year NPV
8 years
Payback Period
$0.128/kWh
Solar LCOE

Tampa Electric (TECO) Rate Structure

ParameterRate
Average residential rate$14.8¢/kWh
Rate structureFLAT
Export credit policy1:1 net metering at retail rate

Solar System Economics

A 7 kW solar system for a Tampa Electric (TECO) customer costs $17,850 before incentives. The 30% federal ITC saves $5,355. The net out-of-pocket cost is $12,495.

At Tampa Electric (TECO)'s $14.8¢/kWh average rate, the system saves $1,502 in year one, producing 10,150 kWh. The solar LCOE of $0.128/kWh is 14% below Tampa Electric (TECO)'s current rate.

Battery Storage for Tampa Electric (TECO) Customers

$8,400
Battery Net Cost
$0
Daily Arbitrage
$0
Annual Arbitrage
-$11,382
25-Year Battery NPV

Tampa Electric (TECO) uses a flat rate structure without significant peak/off-peak spread. Battery value comes primarily from backup power and net metering optimization rather than TOU arbitrage.

FAQ: Solar for Tampa Electric (TECO) Customers

How much can Tampa Electric (TECO) customers save with solar?
A typical 7 kW solar system saves Tampa Electric (TECO) customers approximately $1,502/year in electricity costs. Over 25 years, the NPV of savings after system costs is $12,112.
What is Tampa Electric (TECO)'s rate structure?
Tampa Electric (TECO) uses a flat rate structure at an average of $14.8¢/kWh. Without a large peak/off-peak spread, battery storage value comes primarily from backup power and net metering optimization.
Does Tampa Electric (TECO) offer net metering?
1:1 net metering at retail rate
Should Tampa Electric (TECO) customers add battery storage?
Battery storage for Tampa Electric (TECO) customers has a 25-year NPV of -$11,382. The economics are marginal based on TOU savings alone, but backup power value and future grid services programs may change the equation.

Other Utilities in Florida

Duke Energy Florida
$14.2¢/kWh · FLAT
›
Florida Power & Light (FPL)
$13.8¢/kWh · FLAT
›

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