SRP Battery Storage Incentives & Other Utility Rebates

If you live in Arizona, choosing solar energy is an amazing choice to save money (and the planet!). To make it even more accessible and affordable, some local utility companies are offering “rebate programs”– cash incentives to encourage people to go solar. Plus, Salt River Project (SRP) gives you great incentives for homeowners who add battery storage to their solar installations!

If you’re not sold on solar panels yet, check out True Power’s options for residential and commercial solar installations. With these incentives and rebates and True Power’s affordable pricing and expert team, making the switch is easy! 

Local Utility Rebates:

1.  The Mohave Electric Cooperative (MEC) SunWatts Renewable Energy Incentive Program gives you 5 cents per watt, up to 50 kilowatts (for reference, the average solar panel can generate up to 400 watts per hour!). Plus, if you get a solar water heater, MEC will give you 75 cents per kWh of energy saved during the first year​. Click here to learn more!

2. For the first year you own a solar water heater, the Trico Electric Cooperative SunWatts Incentive Program gives you 40 cents for every kWh savings. This rebate helps offset the costs associated with installing energy-efficient solar water heating systems​. Click here to learn more! 

3. The first year you own a solar water heater, Sulphur Springs Valley Electric Cooperative (SSVEC) SunWatts Rebate Program gives you 50 cents per expected kWh savings. Click here to learn more! 

SRP Battery Storage Incentive

Besides rebates for solar installations, Salt River Project (SRP) offers great incentives for battery storage systems. These battery storage systems are a great option for homeowners– they let you store the energy from your solar panels, so you can use renewable energy even when the sun’s not out.

SRP Battery Storage Rebate Program SRP gives you a rebate of $300 per kilowatt-hour (kWh) for home battery installations, up to $3,600. To qualify for this incentive, homeowners must participate in SRP’s battery research study. The rebate reduces the cost of adding a battery storage system to your solar installation, making it cheaper to store excess solar energy for later use.

Benefits of Battery Storage:

  • Energy Independence: Battery storage lets you store excess solar energy produced during the day for use at night or during power outages, reducing your reliance on the grid.
  • Cost Savings: By storing and using your solar energy, you can avoid peak electricity rates and save on your utility bills.
  • Environmental Impact: Battery storage maximizes the use of renewable energy, reducing the need for fossil fuel-based power during high demand periods.

How to Get Started

  1. Ask a Solar Installer: Contact a reputable solar installation company to discuss your options for solar panels and battery storage. True Solar is a great option– we’re a reliable and local business that’s committed to helping you make the switch to solar. Give us a call at (480)-535-4821 today!
  2. Apply for Rebates: Once you decide to proceed, your solar installer will guide you through the application process for local utility rebates and the SRP battery storage incentive.
  3. Install Your System: After securing the rebates and incentives, your installer will complete the installation of your solar panels and battery storage system, so everything’s set up for maximum efficiency and savings.

Conclusion

Arizona homeowners have a unique opportunity to massively reduce the cost of solar energy installations through local utility rebates and the SRP battery storage incentive. By leveraging these programs, you can make the switch to solar cheaper and enjoy the long-term benefits of renewable energy and energy storage. Take the first step towards energy independence and environmental sustainability by exploring these incentives and making the best decision about your solar investment.

If you want more information about these rebates, make sure to check out the companies’ individual websites. And if you’re ready to take the first step towards solar, True Power Solar has got you covered. Call us at (480)-535-4821 for more information!ace the future of energy with solar power and battery storage, and start saving today.

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