Cost & Savings Breakdown
Based on $150/month electric bill in Tampa
System Size
7.3 kW
Annual Production
11,680 kWh
Gross System Cost
$20,364
Federal Tax Credit (30%)
-$6,109
State Incentive
-$1,000
Net Cost
$13,255
Monthly Savings
$122
CO₂ Offset/yr
10,746 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityTampa Electric
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.125/kWh
Peak Sun Hours5.5 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Florida State Incentive — Florida exempts solar equipment from sales and property tax.
Common Questions
How much does solar cost in Tampa?
Solar in Tampa, Florida costs approximately $20,364 for a 7.3 kW system. After the 30% federal tax credit, your net cost is about $13,255.
What is the solar payback period in Tampa?
The estimated payback period for solar in Tampa is 9.1 years, based on a $150/month electric bill and local sun hours of 5.5 hrs/day.
Does Tampa Electric offer net metering?
Tampa Electric offers Full Retail net metering. Check with your utility for current compensation rates..