Arizona Solar Center - Your Guide to Solar and Other Renewable Energy Sources in Arizona

Subject: Important Notice Regarding SRP Commercial Incentive Reductions
From: SRPSOLARBIZ - DEPT ID < This e-mail address is being protected from spambots. You need JavaScript enabled to view it. >
Date: Thu, June 28, 2012 11:31 am

SRP's Commercial Solar Electric Program - Production Based Incentive Decreased to $0.04 per kilowatt-hour

At this time, SRP has reached its 2.5 megawatt cap for the second tier ($0.05 per kilowatt-hour) of projects under the Production Based Incentive (PBI) program for commercial solar electric installations. Those projects that have successfully submitted complete applications at $0.05 per kilowatt-hour have received notification via a funds reservation letter.

The PBI program for solar electric installations will now drop to $0.04 per kilowatt-hour for an additional 1megawatt worth of projects. After the $0.04 per kilowatt-hour tier reaches its 1 megawatt capacity, the PBI program will be temporarily suspended.

Please note that a complete application package includes those items listed in Step 1 of our Process Checklist:

SRP is continuing to accept applications for its one-time commercial solar electric program for systems under 100kw at $0.50 per watt up to $50,000. SRP has set incentive levels of $0.50 per watt for the first 3.5 megawatts, $0.40 per watt for an additional 2.5 megawatts and $0.30 per watt for the final 1.5 megawatt cap that was established for all installations through April 30, 2013.

Commercial customers can check www.srpnet.com/solarbiz for answers to further questions they may have and for program updates as they become available. To answer specific questions not found on these pages regarding our commercial solar programs, e-mail the SRP commercial solar team at This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .

SRP Solar Energy
Office: (602) 236-4663 | Fax: (602) 629-7985
Mail Station PAB355 | P.O. Box 52025 | Phoenix, AZ 85072-2025
www.srpnet.com/solarbiz