Save Money on Your Tampa AC Upgrade
Tampa homeowners have several opportunities to reduce the cost of a new AC system through utility rebates, federal tax credits, and manufacturer promotions.
Available Incentives
- TECO Energy Rebates — up to $500 for qualifying high-efficiency AC and heat pump installations. Must be installed by a licensed contractor.
- Federal Energy Tax Credit — up to $2,000 for qualifying heat pump systems under the Inflation Reduction Act. Applies to installations meeting efficiency thresholds.
- Manufacturer Rebates — Trane, Carrier, Lennox, and other brands offer seasonal promotions ranging from $300–$1,500 depending on system tier.
- Utility On-Bill Financing — TECO offers on-bill financing for energy-efficient upgrades, spreading the cost over your monthly electric bill.
- PACE Financing — Property Assessed Clean Energy financing available in Hillsborough County for qualifying home improvements including HVAC.
Stacking Savings
You can often combine multiple incentives. Example: $2,000 federal tax credit + $500 TECO rebate + $750 manufacturer rebate = $3,250 in savings on a qualifying heat pump installation.