Tampa, FL
Electrification ROI based on Tampa Electric rates and local rebates
Population: 387,000•Climate: hot•Electric: $0.132/kWh•Gas: $1.45/therm
Best Upgrade
Solar Panels
12.5 years • 51% ROI
Annual Savings
$2,578/year
Full electrification
Total Incentives
$11,400
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
Tampa Electric rebate:-$600
Net cost:$9,400 - $15,400
Savings & ROI
Annual savings:$181/year
Simple payback:Not Recommended
15-year ROI:-81%
CO₂ reduction:0.2 tons/year
15-year net savings:$-12,281
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:$1,041/year
Simple payback:12.5 years
25-year ROI:51%
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:-$1,000
Net cost:$18,900 - $33,600
Savings & ROI
Annual savings:$2,578/year
Simple payback:10.6 years
15-year ROI:9%
Total CO₂ reduction:10.0 tons/year
15-year net savings:$1,021
Tampa Energy Context
Climate & Usage
Climate zone:hot
Heating degree days:750
Cooling degree days:3,050
Avg home size:1,950 sq ft
Energy Costs
Utility provider:Tampa Electric
Electricity rate:$0.132/kWh
Natural gas rate:$1.45/therm
Avg monthly bills:$172 elec + $35 gas
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