Florida Power and Light (FP&L) offers rebates to residential customers who replace their heat pump or air conditioning system with a more efficient one. The program website listed below provides customers with an Annual Cooling Cost Calculator to estimate the annual cost savings and FP&L rebate for customers wishing to update their home cooling systems. Rebates range from $140-$1,930 depending on the efficiency and size of the new system. Cost savings estimates are based on 2,800 annual cooling hours and 12 cents per kilowatt hour. The actual air conditioning system size needed to cool a home depends on several factors in addition to the home’s square footage so customers should consult a contractor for an evaluation of their heating and cooling needs before installing a new system.