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Understanding SRP’s Solar Policies: A Guide for SRP Customers



SRP Solar


Embarking on the solar journey is a significant decision for homeowners and businesses alike. SRP (Salt River Project) has taken strides to foster a solar-friendly environment for its customers. This guide delves into SRP’s solar offerings, policies, and how SunPower by Nova can be a viable choice for those looking to transition to solar energy.


SRP Solar Price Plans

SRP offers a variety of solar price plans catering to different energy consumption patterns of its customers. Understanding these plans is the first step towards making an informed decision.


Demand Plans

Demand plans are crafted for customers who generate a portion of their energy. They include monthly demand charges and are available in two types:

  • Customer Generation Plan: Suitable for individuals with consistent energy usage patterns. It aims to balance the cost structure, encouraging solar generation and energy efficiency.

  • Average Demand Plan: Ideal for those with fluctuating energy demands, ensuring billing flexibility.


SRP Solar

Export Plans

Export Plans are designed for customers generating the majority of their energy. They feature:

  • A monthly service charge plus the cost of any energy imported from the grid.

  • Credit for excess energy generated at a fixed price of 2.81 cents per kWh.

These plans are further diversified into:

  • Time-of-Use Export Plan: Encourages limiting grid energy usage to off-peak hours, promoting solar energy usage during peak sunlight hours.

  • Electric Vehicle Export Plan: Ideal for charging electric vehicles overnight during super off-peak hours, fostering an eco-friendly approach to EV charging.

SRP's Commitment to Solar

SRP is ardently committed to advancing solar energy in Arizona. Through initiatives like utility-scale solar projects, SRP aims to develop renewable resources contributing to a greener Arizona.


Solar Incentives and Rebates

While SRP phased out incentives for solar installations, other rebates and tax credits are available to promote solar adoption:

  • Demand Management Systems Rebate

  • Arizona Tax Credit

  • Solar Property and Sales Tax Exemptions

SRP’s net billing mechanism allows for credits on your power bill for excess solar electricity generated.


Solar Panel Installation Guidelines

SRP provides extensive guidelines on solar panel installations, ensuring a smooth transition for those considering solar installations. These guidelines cover a range of topics from the initial application process to the final inspection, ensuring that customers have a clear pathway to follow for their solar installation journey.


SunPower by Nova: A Viable Choice for SRP Customers

SunPower by Nova provides an attractive proposition for SRP customers to transition into solar energy seamlessly, backed by robust solar panels and efficient backup battery solutions.


SunPower Solar Panels

SunPower panels are renowned for their high efficiency, which translates to more power generation even in limited roof space. This efficiency ensures that customers can significantly lower their electric bills over time. For instance, consider an average SRP customer spending $200 on their monthly electricity bill. With SunPower solar panels, it's plausible to reduce this bill by a substantial amount, potentially saving thousands of dollars over the lifetime of the solar system.


Affordable Transition with Zero Down

SunPower by Nova offers an affordable transition to solar energy with a zero down payment option. This means SRP customers can start their solar journey without any upfront costs. When you factor in the savings on your monthly electricity bill, going solar could very well be cheaper from the get-go compared to continuing with traditional grid electricity.


Backup Battery Solutions: Enhancing Solar Offset Capabilities

The integration of a backup battery system like SunPower's SunVault Storage Battery is a game-changer, especially in the face of potential threats to the electric grid such as storms or power outages.


SRP Solar

SunVault Storage Battery: A Real-Life Use Case

Consider a scenario where a severe storm causes a grid outage in your area. With a traditional grid electricity setup, you'd be left in the dark. However, with SunPower’s SunVault Storage Battery, the excess energy generated by your solar panels is stored and ready for use. This ensures continuous energy supply to your home, keeping your lights on and your appliances running even when the grid is down. The peace of mind knowing that your home will remain powered during unforeseen circumstances is invaluable.


Moreover, the SunVault Storage Battery allows SRP customers to maximize their solar offset, storing excess solar energy for use during peak demand times when grid electricity prices are higher. This intelligent energy management further enhances the cost-effectiveness of going solar.


Cost Effectiveness and Long-Term Benefits

The combined benefits of SunPower solar panels and SunVault Storage Battery present a compelling case for cost-effectiveness:

  1. Lower Monthly Bills: The high efficiency of SunPower solar panels can lead to lower monthly electricity bills.

  2. Zero Down Payment: Start your solar journey without any upfront costs.

  3. Energy Independence: Reduce reliance on the grid, ensuring continuous energy supply even during grid outages.

  4. Long-Term Savings: The long-term savings from reduced electricity bills can be substantial over the lifetime of the solar system.

  5. Increased Property Value: Solar installations have been shown to increase property values, making it a wise investment for the future.

  6. Reduced Carbon Footprint: Contribute to a greener and more sustainable environment by reducing your carbon footprint.

Transitioning to solar energy with SunPower by Nova is not just an environmentally conscious decision, but a financially savvy one too. It’s an investment towards energy independence, financial savings, and a sustainable future.


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