TECO

Tampa Electric (TECO)

https://www.tampaelectric.com/solarsolutions

Utility Fixed Fee: ?

Avg Utility Rate (before solar): $0.11/kWh

Solar Buyback: 1:1 Net Metering

Max System Size: (kW DC) Tier 1: up to 11.76kW DC / Tier 2 Above 11.76kW DC

Max Offset: N/A

System Size Justification: Based on FL State law, Rule 25-6.065 Tier 1 systems are capped at 11.76 kW DC. Above this cap, Tier 2 system require $1 million of general liability insurance. Most individual homeowners do not possess an acceptable tier 2 insurance policy, therefore the max system size is set at 11.76 kW DC. TECO does not impose an offset restriction.

Monthly Net Metering Credit:  Excess NEM credits can be carried over from month to month on a per kWh basis

Annual Credit True Up: Excess NEM credits trued-up at $0.02/kWh during December; account is then set back to zero

Available Solar Incentives

Property Tax Exemption

- 100% of increased property tax

Sales Tax Exemption

- 100% of system sales tax

Federal ITC 

R.E.T.E