Salt River Project (SRP)

Residential Incentive Program Information

Join SRP's growing list of customers who have chosen a cleaner, renewable source of energy by installing a solar electric or solar water heater system at home. The SRP EarthWise™ Residential Solar Energy Programs are designed to offset the cost of installation while encouraging investment in solar technologies.br />
For more information about SRP’s EarthWise™ Residential Solar Energy Programs, call (602) 236-4448, visit www.srpnet.com/solar, or e-mail us at EarthWiseSolar@srpnet.com.

SRP EarthWise^TM Residential Solar Electric Program

SRP has set aside funding for a total of 4.5 megawatts (MW) of residential solar electric installations through April 30, 2012. The incentive level is offered at $1.35 per watt, up to 5 kilowatt for the first 2 MW of installations and adjusts to $1.20 per watt for another 1.5 MW of installations, ending at $1.00 per watt for the remaining 1 MW of installations.

SRP does prorate the incentive payment for leased systems where the lease term is less than 20 years. For example, a system with a 10-year lease would only receive 50% of the possible available incentive for that system's size.

Prior to installing a solar electric system, please consider the following:

• Contractor Selection. Make sure you obtain two-to-three quotes with references before choosing your contractor.
• System Type.There are different types of systems and costs can vary widely among contractors. You should research the system types available before selecting a particular system.
• Maintenance. Solar electric systems will require maintenance, so know the system's recommended maintenance schedule and take these costs into consideration.
• Panel Location. It is important that the panels receive the greatest amount of sunlight. So you should consider factors that will impact the sun's ability to shine on the panels including shading from obstructions (such as trees), the tilt angle of the panels, and the direction the panels are facing (southern exposure is best).
• Mounting. The method of mounting for some systems could impact roof warranties and home insurance policies.
• Homeowner Association (HOA) Rules. Homeowner association rules may affect system selection and mounting, so review your plans with your association prior to installation.

SRP EarthWise^TM Residential Solar Water Heater Program

SRP has set aside funding for a total of $2 million of residential solar water heater incentive payments through April 30, 2012. SRP residential customers who install a solar water heater may qualify for an incentive payment of $0.45 per kilowatt-hour of the annual energy savings realized by the system. SRP bases the level of energy savings on the OG-300 rating and the orientation of the solar collector panels. SRP provides prorated incentives for systems in which the solar collectors are not installed in an optimal location.

Prior to installing a solar water heater, please consider the following:

• Contractor Selection. Make sure you obtain two-to-three quotes with references before choosing your contractor.
• System Type.There are different types of systems and costs can vary widely among contractors. You should research the system types available before selecting a particular system.
• Maintenance. Solar water heaters will require maintenance, so know the system's recommended maintenance schedule and take these costs into consideration.
• Panel Location. It is important that the panels receive the greatest amount of sunlight. So you should consider factors that will impact the sun's ability to shine on the panels including shading from obstructions (such as trees), the tilt angle of the panels, and the direction the panels are facing (southern exposure is best).
• Mounting. The method of mounting for some systems could impact roof warranties and home insurance policies.
• Homeowner Association (HOA) Rules. Homeowner association rules may affect system selection and mounting, so review your plans with your association prior to installation.

Other Non-Solar, Residential Incentives

SRP offers many energy efficiency programs through SRP PowerWise™. To find out about energy-saving options, product-purchasing advice, upcoming events and more, visit www.srpnet.com/powerwise.

Non-Residential Incentive Program Information

The goal of the SRP EarthWise™ Commercial Solar Energy Programs is to encourage the use of solar power, while reducing the costs of installing a new solar electric or solar water heating system.

SRP’s EarthWise Commercial Solar Electric Program provides customers with the following options:

• Small solar electric systems with a one-time incentive.
• Large solar electric systems with a production-based incentive.

• OG-300 rated solar water heaters with a one-time incentive.
• Standard solar water heaters with a one-time incentive.
• Solar water heaters for swimming pools with a one-time incentive.

SRP EarthWise^TM Commercial Solar Electric Program

SRP offers two incentive options for commercial customers who are installing a solar electric system:

Small solar electric systems receive a one-time incentive.
SRP has set aside funding for a total of 1.1 megawatts of small commercial solar electric installations through April 30, 2012. The incentive level is offered at $1.35 per watt, up to $40,500 for the first 500 kilowatts (kW) of installations and adjusts to $1.20 per watt for another 400 kW of installations, ending at $1.00 per watt for the remaining 200 kW of installations.

SRP does prorate the incentive payment for leased systems where the lease term is less than 20 years. For example, a system with a 10-year lease would only receive 50% of the possible available incentive for that system's size.

Large solar electric systems receive a production-based incentive (PBI).
Commercial SRP customers who install a large solar electric system that is between 30 kW and 600 kW in size may qualify for a PBI incentive. Under this program, customers receive a fixed incentive rate for energy produced by their solar electric system for a period of 20 years. SRP has set aside funding for a total of 6 megawatts (MW) of large commercial solar electric installations through April 30, 2012. The incentive level is offered at $0.12 per kilowatt-hour of metered generation for the first 2 MW of installations and adjusts to $0.11 per kilowatt-hour for another 2 MW of installations, ending at $0.10 per kilowatt-hour for the remaining 2 MW of installations.

For more information about SRP’s EarthWise™ Commercial Solar Energy Programs,call (602) 236-4663, e-mail us at EarthWiseSolarBiz@srpnet.com or visit www.srpnet.com/solarbiz

SRP EarthWise^TM Commercial Solar Water Heater Program

SRP has set aside funding for a total of $2 million of commercial solar water heater incentive payments through April 30, 2012. SRP offers three incentive options for commercial customers who are installing a solar water heater:

OG-300 rated solar water heater receive a one-time incentive.
SRP commercial customers who install a solar water heater may qualify for an incentive payment of $0.45 per kilowatt-hour of the annual energy savings realized by the system. SRP bases the level of energy savings on the OG-300 rating.

Standard solar water heaters receive a one-time incentive.
SRP commercial customers who install a solar water heater may qualify for an incentive payment of $0.45 per kilowatt-hour of metered first year energy savings, up to $350,000.

Solar water heaters for swimming pools receive a one-time incentive.
SRP commercial customers who install a solar water heater for a swimming pool may qualify for an incentive of $0.25 per kilowatt-hour of metered first year energy savings, up to $350,000.

For more information about SRP’s EarthWise™ Commercial Solar Energy Programs, call (602) 236-4664, e-mail us at EarthWiseSolarBiz@srpnet.com or visit www.srpnet.com/solarbiz.

Other Non-Solar, Commercial Incentives

SRP PowerWise™ Business Solutions helps you better manage your energy usage and increase energy efficiency within your business. To find out about commercial energy-saving options, product-purchasing advice, upcoming events and more, visit www.srpnet.com/powerwisebiz.