Jacksonville, FL
Electrification ROI based on JEA rates and local rebates
Population: 949,000•Climate: hot•Electric: $0.128/kWh•Gas: $1.38/therm
Best Upgrade
Solar Panels
12.9 years • 47% ROI
Annual Savings
$2,524/year
Full electrification
Total Incentives
$11,500
Federal + utility rebates
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Detailed ROI by Upgrade
Heat Pump HVAC System
Replace gas furnace + AC with an all-electric heat pump
🌡️
Costs
Upfront cost:$12,000 - $18,000
Federal tax credit:-$2,000
JEA rebate:-$650
Net cost:$9,350 - $15,350
Savings & ROI
Annual savings:$156/year
Simple payback:Not Recommended
15-year ROI:-83%
CO₂ reduction:0.2 tons/year
15-year net savings:$-12,663
Solar Panels (6kW System)
Generate your own electricity from the sun
☀️
Costs
Upfront cost:$15,000 - $21,000
Federal tax credit (30%):-$5,400
Net cost:$9,600 - $15,600
Savings & ROI
Annual savings:$1,009/year
Simple payback:12.9 years
25-year ROI:47%
CO₂ reduction:3.6 tons/year
Full Electrification Package
Heat pump + Solar + Heat pump water heater + EV charger
⚡
Costs
Total upfront cost:$30,300 - $45,000
Total federal credits:-$10,400
Total utility rebates:-$1,100
Net cost:$18,800 - $33,500
Savings & ROI
Annual savings:$2,524/year
Simple payback:10.8 years
15-year ROI:7%
Total CO₂ reduction:10.0 tons/year
15-year net savings:$215
Jacksonville Energy Context
Climate & Usage
Climate zone:hot
Heating degree days:1,350
Cooling degree days:2,650
Avg home size:2,100 sq ft
Energy Costs
Utility provider:JEA
Electricity rate:$0.128/kWh
Natural gas rate:$1.38/therm
Avg monthly bills:$165 elec + $45 gas
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