SRP Has Incentives Available for Residential Solar Installations

by Toni Black on July 20, 2011

Post #6 – Black Platinum Solar & Electric, Solar for Arizona – Toni and John Black

At Black Platinum Solar, we keep you up to date with the latest information on residential incentive programs from electric utility companies in our area. If you’re a Salt River Project (SRP) customer, here’s what is currently available through the SRP Residential Solar Electric Program:

SRP reports that they are providing incentive rebates for their residential customers wanting to install photovoltaic systems. They have set aside funding for up to 4.5 megawatts (MW) in installations through April 30, 2012. SRP breaks down their rebate rates as follows:

  • Incentives through the first 2 MW are offered at the rate of $1.35 per watt for up to 5 kilowatts (kW).
  • Installation reservations falling into the next 1.5MW are adjusted down slightly to $1.20 per watt for up to 5 kW.
  • Incentives for the remaining 1 MW of installations are offered at $1.00 per watt for up to 5 kW.

As of July 11, 2011, SRP has plenty of available capacity. Currently, only 0.58 MW are reserved. Act now, and you should still be able to qualify for the $1.35 per watt rebate rate.

Click here to see the most up-to-date information available from SRP: SRP Residential Solar Electric Program. You’ll also find useful information on financing options, frequently asked questions and program requirements.

If you have a question not answered on the SRP site, please feel free to use our Contact Form to ask us. We’re happy to help. Or call us at 623-434-3340 today for a free estimate on a PV system.

Looking for solar installers in Phoenix? Black Platinum Solar & Electric custom designs and installs residential photovoltaic systems. We handle everything required to install and activate your PV system. Black Platinum is a certified installer of Enphase Energy microinverter systems and an Arizona Public Service Qualified Solar Installer (QSI).

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