SRP - Solar Electric Program (Arizona)

From Open Energy Information


Last modified on January 5, 2015.

Financial Incentive Program

Place Arizona

Name SRP - Solar Electric Program
Incentive Type Utility Rebate Program
Applicable Sector Commercial, Residential, Nonprofit, Schools, Local Government, State Government, Tribal Government, Fed. Government, (SRP territory)
Eligible Technologies Solar Water Heat, Photovoltaics
Active Incentive Yes
Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount Incentive Levels as of May 1, 2014:

Residential PV: 0.05/W
Non-residential PV: 0.05/kWh
Residential solar water heaters: 0.30/kWh for annual estimated energy savings (based on SRCC rating)

Eligible System Size Residential incentives are capped at 5 kW (DC)

Commercial PV systems must be less than 1,000 kW (DC)

Equipment Requirements PV: Modules must be UL-listed. Inverters must be tested to UL 1741.

Solar water heating systems: must be OG-300 certified by a third party entity approved by SRP and must be installed per the rating agency’s qualifications and standards.

Installation Requirements Must be installed by a properly licensed contractor.

Maximum Incentive Residential PV: 250

Non-residential PV: 15,000

Ownership of Renewable Energy Credits SRP

Program Administrator SRP

References DSIRE[1]


NOTE: SRP reopened its incentive programs effective May 1, 2013. For the 2015 fiscal year, SRP has funding available for 12 MW of residential photovoltaic (PV) systems, 3 MW of small commercial PV systems, and 3 MW of nonprofit, school, and government PV. $504,000 is available for residential solar water heaters. All incentive rates will step down over time as participation goals are met.

SRP's Solar Electric Program provides incentives to its residential and commercial customers to purchase PV or solar water-heating systems. In exchange for the incentives, SRP will receive all the renewable energy credits (RECs) associated with the systems. SRP's Board of Directors increased its self-imposed goal in 2011 of having 20% of their retail sales come from sustainable resources by 2020, mirroring the renewable energy standard that other Arizona utilities are required to meet. The RECs that SRP receives through the Solar Electric Program will help the utility meet this goal.

Residential Incentives

SRP has funding for a total of 12 MW of residential PV systems for May 1, 2014 through April 30, 2015. Incentive rates are currently set at $0.05 per watt (up to 5 kilowatts) and will step down over time as participation goals are met. Of the 12 MW, 10.75 MW has been reserved for solar on existing homes, and 1.25 MW has been reserved for new home construction.

The incentive for residential solar water heating systems is $0.30 per kilowatt hour (kWh) of estimated annual energy savings. Incentives are prorated for systems with solar collectors installed in sub-optimal locations. As of May 1, 2013, only electric backup systems are eligible for this incentive. The energy savings are estimated based on an OG-300 rating.

Non-residential Incentives

SRP has funding for a total of 3 MW of business or commercial PV systems for May 1, 2014 through April 30, 2015, and another 3 MW of PV for nonprofits, schools, and governments. The incentive amount is $0.05 per watt, up to $15,000. Incentives will step down over time as participation goals are met.

Incentive Contact

Contact Name Earthwise Solar Energy Program
Department SRP
Address Mail Stop PAB355
Address 2 P.O. Box 52025
Place Phoenix, Arizona
Zip/Postal Code 85072-2025
Phone (602) 236-4448
Phone 2 (602) 236-8888

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content