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TECO Rebate For High Efficiency HVAC May Soon End

Posted by AC Contractor on September 8, 2014 at 9:05 PM

Utility companies around the state of Florida including our own Tampa Electric are lobbying in attempt to reduce the state's conservation programs reports the ACHR News. Although there are many categories within the conservation programs, one of the most heavily used is for air conditioning and heating replacement. The Tampa Electric rebate for HVAC replacement has been a program that has outlasted the federal tax credit by a good deal. Based off the reduction in sales when the federal tax credit had been discontinued, we can assume that this will result in further reduction of high efficiency product installations. We estimate for that 2 stage equipment sales will remain flat but homeowners that were on the fence between a 13 or 15 SEER system would likely choose the 13.

The Tampa Electric rebate pays $275 for installing a 15 SEER heat pump system when replacing a heat pump and $400 when replacing a straight cool system. There is no incentive for purchasing a high efficiency air conditioner. The system would likely need a tweaking because of the new minimum efficiency requirements in 2015. Under the current program, the minimum SEER rating that can be manufactured is just one point lower than the rebate threshold. 

While there will be opposing views among contractors, we do believe this will damage the awareness level to a certain extent. We end up losing a talking point in the home. When consumers would hear that the energy company or federal government offered an incentive, they new it was important and had value. Some will no longer see the significance. 

If you have questions about Tampa Electric's energy rebate contact the air conditioning experts at Melo Air today. We are available for consultations on new AC installations 7 days a week. If you've been considering replacing a clunker of an air conditioner or heat pump with a high efficiency system to take advantage of the energy rebate, you may want to act soon as it could go away.

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